Gilda Steinforth is a partner in the law firm of Jones, Deloitte & Ernst. A wealthy couple has met with her and asked her to draw up a trust for a portion of their property. They gave Steinforth a check for $10,000 as a retainer fee and a check for $500,000 to begin the trust. Within two days after her meeting with the couple, Gilda and the checks are gone. The couple wishes to recover from Jones, Deloitte & Ernst. Which of the following statements is true?
A) The couple may not recover since Jones, Deloitte & Ernst is not responsible for the intentional torts of its employees.
B) The couple may not recover since Steinforth, as a lawyer, was an independent contractor and not a servant of the firm.
C) The couple may not recover since Steinforth had no express or implied authority to receive the checks.
D) None of the above
Correct Answer:
Verified
Q66: What is the general rule with regard
Q67: Lingering apparent authority results from:
A)the failure to
Q69: A fiduciary is required to:
A)act in the
Q70: A pizza deliverer who is in an
Q72: Jane and Joseph Sechrist signed a contract
Q72: Jan hires Duncan to act as her
Q73: Haskins is an officer of a real
Q75: In which of the following situations does
Q76: Joe Helquist and Samantha Gillis were partners
Q100: Firing an agent terminates:
A)express authority.
B)implied authority.
C)apparent authority.
D)a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents