FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 11: Agency

Show Answer

Share

---

All types

Filters

Study Flashcards

Question 41

Multiple Choice

Review LaterAdd Note

Review Later

Young has just fired Kathy, who was her agent. Young places an ad in the classified section of the local newspapers that states, "Kathy no longer works for or represents Young in any way." Young placed this ad to eliminate any possible liability resulting from:

A) actual authority.
B) apparent authority.
C) ratification.
D) respondeat superior.

E) None of the above
F) All of the above

Correct Answer

verified

Show Answer

Question 42

Short Answer

Review LaterAdd Note

Review Later

Agents who act on behalf of a principal without receiving any compensation are called ________ agents.

Correct Answer

verified

Show Answer

Question 43

Multiple Choice

Review LaterAdd Note

Mike worked for Frank's Pizza as a driver and was an agent. His duties consisted of making deliveries along a designated route. One day Mike decided to see his girlfriend, Jackie, who lived 50 miles off his pizza route. While driving to his girlfriend's, Mike injured a pedestrian, Chuck. The accident was caused by Mike's negligent driving. Chuck is now suing both Mike and Frank's for personal injuries. Under the circumstances:

The person from whom an agent has received instruction and authorization and to whose benefit the agent is expected to perform and make decisions pursuant to an agency relationship is called the __________.

A principal has the power to terminate an agency relationship whether or not the principal has the legal right to terminate that relationship.

An agency relationship is terminated by expiration in all of the following situations except:

To develop your understanding of agency law, you need to be aware of the legal requirements for creating an agency, the liability of a principal for an agent's conduct, and the remedies available to the parties.

A gratuitous agent:

Whether someone is an agent or not depends on what is said in the agreement between the principal and the agent.

If an agent is acting within the scope of his or her employment and commits an intentional tort harming a third party, the principal may be liable for the injuries sustained.

Acceptance of an agent's previously unauthorized act by a principal is called _____.

Which of the following is the true statement?

If a principal wants to keep her identity secret, she would use:

Respondeat superior makes a principal liable for:

The doctrine of negligent hiring applies to independent contractors only when the contractor is hired to do a hazardous or inherently dangerous job.

Courts apply a subjective standard when examining the existence of offer and acceptance by the parties when they created an agency relationship.

Which of the following is an example of terminating the agency relationship by express act?

The centerpiece of a fiduciary relationship is the agent's duty to act with due care when performing the responsibilities of the agency.

Explain the interrelationship of agency law and contract law as they relate to the principal and agent in an agency relationship.

Explain the doctrine of respondeat superior and how it applies to a principal's liability.