Fair Labor Standards Act and General Agent
1. Jon was named to run the Clayborn General Store. He was given the power to hire and fire salespeople, buy and sell stock, supervise all operations, and make out the weekly work schedule. Name and explain the type of agent that Jon’s authority made him.
Jon is a general agent. A general agent is a person who is given broad authority to act on behalf of the principle in conducting the bulk of the principal’s business activity on a daily basis. As a general agent, Jon has the authority to take these independent actions, which protect and promote the interest of the dealerships. 2. Christine was given the power to go to a real estate auction and make a bid on a house that had just been put up for sale. This was the only authority that Christine had. Name and explain the type of agent that Christine’s authority made her.
She is a special agent. Because it is the only authority that Christine had. The special agent is a person who is authorized to conduct only a particular transaction, conduct a series of related transaction, or perform only a specified act for the principal. 3. A.J. hired a minor to act as his agent in the purchase of a CD player. After the sale, A.J. attempted to get out of the contract by claiming that he used a minor. Why did this tactic not work for A.J.? Explain.
A.J. has signed the contract. Wrongful discharge gives employees legal grounds for a lawsuit against employers who have dismissed them unfairly. Laws and regulations to ensure equal opportunity in employment for all individuals. Child labor is regulated by the federal Fair Labor Standards Act (FLSA) and state labor laws. Once a contract has been signed, neither party can change their mind – both parties are locked in. If either party still wishes to pull out of the contract before it is finished, they may end up paying a penalty (sometimes the full amount of the contract) or the other party may take them to court to recover their losses.
4. Shawna worked as a
Jon is a general agent. A general agent is a person who is given broad authority to act on behalf of the principle in conducting the bulk of the principal’s business activity on a daily basis. As a general agent, Jon has the authority to take these independent actions, which protect and promote the interest of the dealerships. 2. Christine was given the power to go to a real estate auction and make a bid on a house that had just been put up for sale. This was the only authority that Christine had. Name and explain the type of agent that Christine’s authority made her.
She is a special agent. Because it is the only authority that Christine had. The special agent is a person who is authorized to conduct only a particular transaction, conduct a series of related transaction, or perform only a specified act for the principal. 3. A.J. hired a minor to act as his agent in the purchase of a CD player. After the sale, A.J. attempted to get out of the contract by claiming that he used a minor. Why did this tactic not work for A.J.? Explain.
A.J. has signed the contract. Wrongful discharge gives employees legal grounds for a lawsuit against employers who have dismissed them unfairly. Laws and regulations to ensure equal opportunity in employment for all individuals. Child labor is regulated by the federal Fair Labor Standards Act (FLSA) and state labor laws. Once a contract has been signed, neither party can change their mind – both parties are locked in. If either party still wishes to pull out of the contract before it is finished, they may end up paying a penalty (sometimes the full amount of the contract) or the other party may take them to court to recover their losses.
4. Shawna worked as a