Is andrew personally liable for the charges no

This preview shows page 88 - 91 out of 113 pages.

Is Andrew personally liable for the charges? No, because Andrew was only a partially disclosed agent. Yes, because an agent is almost always responsible for a contract formed on behalf of a principal. No, because the shopkeeper should have known that Andrew was not a legitimate agent. Yes, because he did not have the authority to make a contract on the elderly woman's behalf. CONCEPT Agent's Personal Liability for Torts and Contracts 2 A deed transferring ownership of a 500-acre parcel of land, subject to the condition that you maintain the roads criss-crossing the land, is a __________. possessory interest fee simple defeasible interest reversionary interest fee simple absolute interest CONCEPT Real Property: Duties, Responsibilities, and Interests 3
Ryan owns a Christmas tree farm that struggles to compete with the Christmas tree farm on the other end of town. He instructs one of his employees to set a fire at the rival farm, which destroys much of their stock and drives up demand for Ryan's trees. Ryan's employee is arrested for arson, and the rival farm sues for damages. Is Ryan liable for the tort? Yes, Ryan is vicariously liable according to the "zone of risk" test because his employee's actions were foreseeable. Yes, Ryan is directly liable for the tort and for the employee's criminal act of arson. No, Ryan is not liable in this case. Yes, Ryan is directly liable for the tort but not for the employee's criminal act of arson. CONCEPT Principal's Tort and Criminal Liability 4 Select the true statement regarding adverse possession of real property. Adverse possession is more difficult to attain if the possessor's possession is openly visible to others. A possessor must occupy real property at the owner's invitation in order to qualify for adverse possession. A possessor may acquire real property through adverse possession only if his or her possession has been continuous. Adverse possession is a common method of acquiring real property because its requirements are easily met. CONCEPT Real Property: Methods of Acquisition 5 Trudy is an aspiring chef. She takes a job in a famous restaurant in order to learn the head chef's highly secretive technique for making pasta, which people from all over the country come to eat. After quitting her job, Trudy opens her own restaurant and makes pasta using the same technique. She advertises this fact in order to generate business.
Does Trudy's conduct violate trade secret law? No, because the head chef was not able to keep her technique a secret from Trudy. Yes, because the method by which Trudy discovered the trade secret is illegal according to trade secret law. Yes, because Trudy used a trade secret without permission from the secret’s owner. No, because Trudy was upfront about the fact that she was using the trade secret.

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture