Term
vicarious liability for torts of agent |
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Definition
1. principal-agent relationship 2. tort was committed within scope of that relationship |
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Term
principal-agent relationship |
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Definition
1. assent 2. benefit 3. control |
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Term
vicarious liability for independent contractors |
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Definition
generally NONE exceptions: inherently dangerous activities; estoppel (holding out as agent) |
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Term
scope of principal-agent relationship |
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Definition
frolic (new independent journey) NOT within scope detour (mere departure) is within scope -also, conduct of the kind agent was hired for and conduct agent intended to benefit principal are within scope |
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Term
vicarious liability for intentional torts |
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Definition
generally outside scope exceptions: authorized, natural, or motivated by desire to serve principal |
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Term
liability for contracts by agent |
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Definition
principal is liable for contracts entered into by its agent ONLY IF the principal authorized agent to enter it; authorized agent NOT liable except for undisclosed principal |
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Term
authorization for agent contracts |
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Definition
1. express 2. implied 3. apparent 4. ratification |
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Term
express authority for contracts |
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Definition
oral/private is enough, unless K itself must be in writing revocation: unilateral act by either OR death of principal (but survives incapacity w/ power of attorney) |
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Term
implied authority for contracts |
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Definition
1. necessity 2. custom 3. prior dealings |
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Term
apparent authority for contracts |
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Definition
1. principal cloaked agent w/ appearance of authority; AND 2. 3rd party reasonably relies on appearance |
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Term
ratification for contracts |
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Definition
1. knowledge of all material facts; AND 2. accepts benefits exception: cannot alter terms |
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Term
duties agent owes to principal |
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Definition
1. care 2. obey reasonable instructions 3. loyalty |
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Term
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Definition
1. no self-dealing 2. no usurping principal's opportunity 3. no secret profits |
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