Exam 18: Agency Law

Sometimes,principals request that agents run errands or conduct other acts on their behalf while the agent or employee is on personal business.This is an instance of ________ for the agent.

Which of the following statements is true of an agent taking an opportunity?

Which of the following is true of an undisclosed agency?

Ashley owns a piece of vacant real estate through which a small river runs.Ashley hires Warren,a licensed real estate broker,to list the property for sale and help sell the property.While inquiring in the neighborhood,Ashley's neighbor Lenny tells Warren that a chemical plant upstream has polluted his property and that Warren should have environmental engineers test the soil on Ashley's property as well.Warren does not tell Ashley about Lenny's suggestion.Warren manages to find a buyer for Ashley's property in Martha.It is later discovered that the property Martha bought from Ashley is also polluted.What important agent's duty has Warren failed to perform?

If an independent contractor enters into a contract with a third party on behalf of the principal without express or implied authority from the principal to do so,who among the following is liable on the contract?

Which of the following best describes a partially disclosed agency?

A principal who authorizes an agent to enter into a contract with a third party is liable on the contract.

Which of the following is true of an independent contractor's liability?

Which of the following is true about a special power of attorney?

Who is an agent?

Most jurisdictions hold the ________ liable if the agent injures someone while on a dual-purpose mission.

Which of the following is true of a general power of attorney?

Explain in brief the liability for an independent contractor's torts.

In an agency by ratification,the agent is relieved of any liability for misrepresentation.

Which of the following types of relationships exists when a person hires another person to perform some form of physical service but does not authorize that person to enter into contracts on his or her behalf?

Which of the following constitutes an agency?

Based on the doctrine of respondeat superior,principals are liable for the negligent conduct of agents acting within the scope of their employment.

A principal is not bound to a contract made by an apparent agency.

An agent is not liable to the principal for any injuries resulting from a breach of the duty to notify.

A principal-agent relationship exists when an employer hires an employee to perform some form of physical service.