Exam 25: Principal-Agent, Employer-Employee, and Third-Party Relationships

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Boyd, an agent of Lowell, made a contract with Brink and signed the contract "S. Lowell (principal) by A. Boyd, agent." If Boyd breaches the contract, Brink can sue

(Multiple Choice)

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Question 21

Uhlen told Bixby that he had been appointed by Green to sell Green's car, and Bixby agreed to buy it. Uhlen was in fact not Green's agent. If Green refuses to sell the car to Bixby, Bixby can sue

(Multiple Choice)

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Question 22

Crenner, an agent of Alden, injured Bliss through her negligence. If Bliss obtains a judgment against Crenner,

(Multiple Choice)

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Question 23

If a principal tells an agent to falsify income tax returns,

(Multiple Choice)

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Question 24

A principal is not generally liable for an agent's crimes.

(True/False)

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Question 25

A principal may ask an agent to assume equal liability on a contract.

(True/False)

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Question 26

A principal is liable only for acts the agent is authorized to perform.

(True/False)

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Question 27

If an agent has apparent authority, any contracts made are

(Multiple Choice)

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Question 28

A person who pretends to be an agent

(Multiple Choice)

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Question 29

If an agent enters into a contract without authority to do so, the ____________________ is not liable on the contract.

(Short Answer)

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Question 30

The authority that an agent has because the principal leads third parties to believe that the agent has it is called

(Multiple Choice)

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Question 31

An agent is never liable on contracts entered into for the principal.

(True/False)

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Question 32

A person who pretends to be an agent is not liable on any contract.

(True/False)

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Question 33

An agent hired to sell a house has ____________________ authority to advertise the sale.

(Short Answer)

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Question 34

Lawrence asked Foote to sell a diamond that Lawrence owned. Foote signed a contract with Bell to sell the diamond, but when Bell learned that Lawrence was the principal, she refused to go ahead with the contract. Lawrence can sue

(Multiple Choice)

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Question 35

Ruth, an agent, was asked by her principal to also sign a contract involving the sale of merchandise to Flower. If the contract is breached, may Flower sue both Ruth and her principal for damages?

(Essay)

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Question 36

If an agent commits a tort while acting within the scope of the agency, the party who is liable is

(Multiple Choice)

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Question 37

If an agent neglects to include the principal's name on a contract, only the ____________________ is bound by the contract.

(Short Answer)

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Question 38

If an agent commits a crime of which the principal is unaware,

(Multiple Choice)

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Question 39

An agent has implied authority to perform any act necessary to carry out the principal's business.

(True/False)

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Question 40

Showing 21 - 40 of 50

Exam 25: Principal-Agent, Employer-Employee, and Third-Party Relationships

Boyd, an agent of Lowell, made a contract with Brink and signed the contract "S. Lowell (principal) by A. Boyd, agent." If Boyd breaches the contract, Brink can sue

Uhlen told Bixby that he had been appointed by Green to sell Green's car, and Bixby agreed to buy it. Uhlen was in fact not Green's agent. If Green refuses to sell the car to Bixby, Bixby can sue

Crenner, an agent of Alden, injured Bliss through her negligence. If Bliss obtains a judgment against Crenner,

If a principal tells an agent to falsify income tax returns,

A principal is not generally liable for an agent's crimes.

A principal may ask an agent to assume equal liability on a contract.

A principal is liable only for acts the agent is authorized to perform.

If an agent has apparent authority, any contracts made are

A person who pretends to be an agent

If an agent enters into a contract without authority to do so, the ____________________ is not liable on the contract.

The authority that an agent has because the principal leads third parties to believe that the agent has it is called

An agent is never liable on contracts entered into for the principal.

A person who pretends to be an agent is not liable on any contract.

An agent hired to sell a house has ____________________ authority to advertise the sale.

Lawrence asked Foote to sell a diamond that Lawrence owned. Foote signed a contract with Bell to sell the diamond, but when Bell learned that Lawrence was the principal, she refused to go ahead with the contract. Lawrence can sue

Ruth, an agent, was asked by her principal to also sign a contract involving the sale of merchandise to Flower. If the contract is breached, may Flower sue both Ruth and her principal for damages?

If an agent commits a tort while acting within the scope of the agency, the party who is liable is

If an agent neglects to include the principal's name on a contract, only the ____________________ is bound by the contract.

If an agent commits a crime of which the principal is unaware,

An agent has implied authority to perform any act necessary to carry out the principal's business.

Foundations of Law and the Role of Ethics in Business

The Legal System in the United States and Its Constitutional Foundation

Personal, Business, and Cyber Crimes and the American Criminal Justice System

Tort Law: Traditional Torts and Cyber Torts

Litigation and Alternatives for Settling Civil Disputes

Contract Law: a Beginning

Agreement: Offer and Acceptance

Consideration

Capacity

Legality

Memorialize Contracts in Writingstatute of Frauds

Transfer of Contract Rights and Duties

The Termination of Contracts: Discharge

The Termination of Contracts: Breach of Contract

Formation of Sales and Lease Contracts

The Sales Contract: Transfer of Title and Risk of Loss

The Sales Contract: Performance, Breach, and Remedies for Breach

Product Liability Law

Nature and Types of Negotiable Instruments

Issue, Transfer, Indorsement, and Discharge of Negotiable Instruments

Rights and Duties of Parties

Checks and the Banking System in the Twenty-First Century

Employer-Employee Relationship

Principal-Agent Relationship

Sole Proprietorships, Partnerships, and Limited Liability Organizations

Corporations and Franchising

Government Regulation of Business

Basic Legal Concepts of Property

Renting Real Property

Buying and Selling Real Property

Nature and Types of Bailments

Wills, Intestacy, and Estate Planning

Protecting the Consumer and the Taxpayer

Protecting the Borrower

Protecting the Creditor

Property, Casualty and Automobile Insurance

Personal Insurance

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