3992727
Descrição
Mapa Mental por terri.johnson255, atualizado more than 1 year ago
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Criado por terri.johnson255
mais de 8 anos atrás
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Agency Law
- ACTUAL authority
Anotações:
- EXPRESS or IMPLIED powers
- agency by agreement
Anotações:
- agency relationship that is created by an oral or written contract between the agent and principal
- agency by estoppel
Anotações:
- agency relationship created because of principal's action caused by a third party to believe an agency relationship exists.
- agency by ratification
Anotações:
- principal approved of an agents unauthorized action after the action occured
- agency by statute
Anotações:
- created by state law
- agency law
Anotações:
- area of law dealing with working relationships created between two parties
- agent
Anotações:
- individual employed by the principalto work the third party
- apparent authority
Anotações:
- occurs when the powers of the agent are created by law or circumstance
- coagents
Anotações:
- two agents that work together
- general agent
Anotações:
- given the authority to perform a variety of tasks
- gratuitous agent
Anotações:
- agent that works for free
- partially disclosed agent
Anotações:
- work with a third party but forbidden to reveal the identity of a principal
- principal
Anotações:
- individual who gives authority to the agent
- special agent
Anotações:
- performs specific tasks
- subagent
Anotações:
- agent appointed by another agent WITH the knowledge and consent of the principal
- agent's agent
Anotações:
- agent appointed by another agent WITHOUT the knowledge or consent of the principal
- third party
Anotações:
- person or company whom the agent deals with on behalf of the principal
- 3.02
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