Exam 14: Agency and the Employment Relationship

An agent has a duty to notify his principal of all facts relevant to the purpose of the agency.

An agent is trying to sell a house for $100,000 for her principal. The principal will sell the house for as little as $80,000, but wants to get as much as possible. The agent tells her cousin to offer $81,000. The agent's actions are:

The principal has a ____ with her agent by performing responsibilities defined in the agreement forming the agency.

In France v. Southern Equipment Co., where France, after falling off a roof, sued Southern Equipment Co. who had employed Quality Metal Roof, a company that contracted with France's employer, Royalty Builders, to build them a new metal roof for exposing him to the inherently dangerous job of roofing, the appeals court held that:

Principals are liable for all torts committed by their agents.

An express ratification takes place when the principal gives a clear signal to be bound by an action that would otherwise be unauthorized.

If an agency agreement did not specify how much an agent would be paid for his work, the principal has a ____ the "customary" amount.

Under the rule of ____ a principal or employer can be liable for the authorized or unauthorized intentional or negligent torts of agents and employees who were acting within the scope of employment.

Under American common law, employees are presumed to:

A person who volunteers with no expectation of being paid for her services is a(n):

When an agent pays for the right to have authority for a business, a(n) ____ is created.

In Coelho v. Posi-Seal International, were an employee was fired without good cause despite explicit statements by the company president that the employee had job security, the supreme court of Connecticut held:

Implied ratification usually occurs when:

The duty of an agent to keep his principal informed of all facts relevant to the agency purpose is called the duty:

The duty of an agent to keep his principal informed of all facts relevant to the agency purpose is called the duty:

A subagent is an agent of an agent, not an agent of the principal, so owes no duty to the principal, only to the agent.

An at-will employee:

Which of the following can determine the scope of authority given to an agent:

In Bearden v. Wardley Corp., where Bearden sued Wardley because one of its agents, Gritton, bought a house from her and then cheated her on the transaction, the court held that:

A real estate agent is an example of a(n):