Question 1

Ira serves in a representative capacity for Jett.Key is injured through Ira's negligence.Jett may be liable to Key if Ira's conduct occurred

Accepted Answer

Jett may be liable to Key if Ira's conduct occurred in the course and scope of Ira's employment. This means that Ira was acting within his job duties and responsibilities at the time of the negligence. As Ira is serving in a representative capacity for Jett, Jett may be held responsible for Ira's actions while Ira was acting on behalf of Jett.

Question 2

Vera is a purchasing agent for Wild-Caught Fish Inc. ,with the authority to buy a sea fisher's catch up to a certain quantity.After the fish is bought,the agency relationship terminates

Accepted Answer

According to the information provided, the agency relationship terminates automatically after the fish is bought. Therefore, none of the options B, C, or D apply. Option A is the best choice.

Question 3

Gary drives a truck as an employee for Hauling Inc.Gary would most likely be considered acting outside the scope of her employment if he

Accepted Answer

Gary would be considered acting outside the scope of his employment if he was off duty, as in option A, because actions taken while not performing work duties or outside working hours are generally not considered within the scope of employment.

Question 4

Miklos employs Nathalie to handle a list of financial transactions on Miklos's behalf.This power will terminate on

Accepted Answer

The power given to Nathalie to handle financial transactions on Miklos's behalf will terminate upon Miklos's death or incapacity, which is a common occurrence with powers of attorney.

Question 5

Roman is the chief executive officer of Salty Snax Corporation.Roman's responsibilities include decisions on product development,marketing,and other significant business directions.Roman is subject to the approval and oversight of Salty Snax's board of directors.Teri is a Salty Snax manager whose duties include the firm's day-to-day hiring,firing,purchasing,and selling.Umberto is a Salty Snax salesperson,whose daily activities are controlled by Teri.Velma writes sales manuals and promotional materials for Salty Snax's products according to Roman's instructions and subject to Salty Snax's control,but has no dealings with the company's customers or suppliers.Warren writes copy on a contract-per-project basis and is not otherwise subject to Salty Snax's control.Who is a principal? Who is an agent? Who is an employee? Who is an independent contractor?

Accepted Answer

The answer of Roman is the chief executive officer of...

Question 6

Fara hires Gil,a real estate broker,to act as her agent to sell her land for $150,000.Before the land is sold at the stated price,oil is discovered beneath it,causing its market value to increase considerably.The agreement between Fara and Gil is likely

Accepted Answer

The answer of Fara hires Gil,a real estate broker,to act...

Question 7

Bey indicates that he is acting as an agent on behalf of an unidentified client-Cuisine LLC-when he enters into a contract with Diners Bistro.Cuisine is

Accepted Answer

The answer of Bey indicates that he is acting as...

Question 8

Erin indicates that she is acting as an agent on behalf of an unidentified client-Flight Services Inc.-when she enters into a contract with Go Airlines.Liability to Go for nonperformance of the contract may be imposed on

Accepted Answer

The answer of Erin indicates that she is acting as...

Question 9

Luis hires Mieko to act as his agent to buy Ngoc's Southeast Asian Café.Luis tells Mieko to reveal only that she is buying the restaurant on behalf of a third party,without telling Ngoc's seller who that third party is.Luis is

Accepted Answer

The answer of Luis hires Mieko to act as his...

Question 10

Yoshi contracts with Zach to buy a certain pub,Aficionado's,for Yoshi,who asks Zach not to reveal her identity.Zach makes a deal with Burcet,the owner of the pub,and makes a down payment.Yoshi fails to pay the rest of the price,and does not pay Zach for his services.Does Zach have any recourse against Yoshi? If so,on what basis and to what extent?

Accepted Answer

The answer of Yoshi contracts with Zach to buy a...

Question 11

Clark hires Dell,a real estate broker,to sell his beach house.The house is destroyed in a storm before it can be sold.Dell is Clark's agent

Accepted Answer

Dell's agency with Clark ends upon the destruction of the property, as the subject matter of the agency (the beach house) no longer exists.

Question 12

Without authorization,Lars contracts on behalf of Mina to have Nemo paint Mina's Boutique.If Mina decides to ratify the contract,she must affirm

Accepted Answer

The answer of Without authorization,Lars contracts on behalf of Mina...

Quiz 14: Agency Relationships