11 Questions
Which factor is the most important in determining if an employee is an agent of the employer?
The amount of direction and control the employer has over the employee
If Jessica loses her job at ABC Corporation and attempts to collect unemployment, would she be considered an employee of ABC Corporation?
No, because she also teaches piano lessons outside of ABC Corporation
Which of the following statements about at-will employees is correct?
At-will employees can never make decisions that bind the employer-company
Which of the following statements about an employee entering into a contract without their supervisor's permission is correct?
The employee can bind the employer to the contract, as long as they were acting within the scope of their authority
Which of the following statements about a principal's liability for an agent's actions is correct?
A principal is not bound by contracts made by an agent who does not have express authority
Which of the following statements about an agent's duties to a principal is correct?
An agent always owes a duty to notify the principal of any and all information they learn concerning the agency
Who is liable for the tortious conduct of an agent acting within the scope of their authority?
Principal
In a land sale transaction, who performs the role of the principal?
Wilhelm
What type of commercial relationship exists between Martin and Wilhelm?
Agent-principal relationship
When an employer hires an employee and gives them authority to act on their behalf, what kind of relationship is formed?
Principal-agent relationship
What type of agency contract did Marlon and Nita enter into for the real estate sale?
Express agency
Test your knowledge on agent authority and principal liability with this quiz. Answer questions about the liability of a principal for the actions of an agent and the relationship between a principal and an agent in various scenarios.
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