Daniel Wilfong BUSN 5630 Week 3.docx

Daniel Wilfong BUSN 5630 Week 3.docx - Daniel Wilfong BUSN...

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Daniel Wilfong BUSN 5630 Business Law Week 3 Questions 15-23, 16-11, either 17-12 or 18-5 Question 15-23 Issue: Whether Hoffman Agency is liable on the oral promise of payment for the car rental and new tires? Rule: Hoffman verbally authorized the car rental and new tires therefore Hoffman could be partially liable for the payment of these services unless the cost is less than Shane’s deductible. If Shane had a deductible Shane would be liable for the amount of the deductible on the car rental and new tires and Hoffman would be liable for the reminder. If the deductible is cost is more than the bill for the car rental and new tires, Shane would be liable for the payment. Analysis: Hoffman is an agent for Shane because Hoffman is the insurance company that Shane uses. As an agent, Hoffman can authorize the rental car and new tires but might not necessarily by the liable parity for payment. Depending on how the insurance policy is written would determine whether the insured or the insurance agency would be liable for the cost and payment of the deductible would determine who is liable and how much.
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  • Spring '14
  • Broome,Ma
  • Schupack

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