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QUESTIONS CH 29 flashcards | Quizlet - QUESTIONS CH 29...

  • De Anza College
  • BUS BUS18
  • Test Prep
  • hannie
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1/3/15 12:49 AMQUESTIONS CH 29 flashcards | QuizletReady to study?Start with FlashcardsQUESTIONS CH 2939 terms byalexara3If apparent authority is present, the principal
Page 1 of 6conference room at the Kelly Inn. Erica hasexpress authority to contract for the room.
is liable for even the unauthorized acts of theagent.If ambiguity is present as to the principal's
intent, the court will look to the principal'ssubjective intent.If someone acts without authority, a
"principal" can decide later to be bound bythe actions as long as the "agent" indicates tothe third party that he is acting for aprincipal, the "principal" knows all thematerial facts of the transaction, and the"principal" accepts the benefit of at least partof the transaction.If Denise is hired to work as a cashier, she
has the implied authority to do actsreasonably necessary to carry out her job.The implied authority of an agent is the
same an agent's apparent authority.Respondeat superior means "let the master
answer."As a general rule, an agent is liable on
contracts entered into on behalf of a fullydisclosed principal.Erica's supervisor told her to arrange for a
1/3/15 12:49 AMQUESTIONS CH 29 flashcards | QuizletAn act is not "within the scope of
Page 2 of 6intentional wrongful acts of his or heremployees.If a principal accepts the benefits of a wholeunauthorized contract, the principal isdeemed to have ratified the contract and isbound as if the act had been originallyauthorized.
employment" if it is expressly forbidden,even if it is of the same general nature as anauthorized act.The issue in apparent authority is what the
principal has done to make the third partybelieve that the agent actually has authority.An employer is generally liable for the

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Term
Fall
Professor
Gough
Tags
Business Law, Tort Law, Joint and several liability, Tort reform, apparent authority

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