Ebook Business law and the legal environment (8/E): Part 2

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Nội dung chi tiết: Ebook Business law and the legal environment (8/E): Part 2

Ebook Business law and the legal environment (8/E): Part 2

www.downloadslide.netAgency and Employment LawUNIT3 Lrarniop All Right* R0M

Ebook Business law and the legal environment (8/E): Part 2othuvien.cori!c-------www.downloadslide.netThus far. this book has primarily dealt with issues of individual responsibility: \\ hat happens if you kno

ck someone down or you sign an agreement? But most businesses need more than one worker. Certainly Lauren Brenner could nor operate her business by he Ebook Business law and the legal environment (8/E): Part 2

rself.That is where agency law comes in. Il is concerned with your responsibility for the actions of others and their obligations to you. What happens

Ebook Business law and the legal environment (8/E): Part 2

if your agent assaults someone or signs a contract in your name? Or tries to leave with all of your clients?Hiring other people presents a significan

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Ebook Business law and the legal environment (8/E): Part 2 limited. Once you bring in other people, both your risks and your rewards can increase immensely.1'hc Pure /’vawreasc highlights a common agency issu

e: If your employees decide to leave, what obligation do they owe you in that period before they actually walk out the door? The court’s opinion is la Ebook Business law and the legal environment (8/E): Part 2

ter in the chapter.28-1 THE AGENCY RELATIONSHIPPrincipals have substantial liability for rhe actions of their agenrs.* 1 Therefore, disputes about whe

Ebook Business law and the legal environment (8/E): Part 2

ther an agency relationship exists arc nor mere legal quibbles bur important issues With potentially profound financial consequences.28-1 a Creating a

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Ebook Business law and the legal environment (8/E): Part 2someone elseIn an agency relationship, someone (the agent) agrees to perform a task for, and under the control of. someone else (the principal). To cr

eate an agency relationship, there must be:•A principal and•All agent.PrincipalIn an agency relationslip. Hie person lor whom an ageni is actingAgentI Ebook Business law and the legal environment (8/E): Part 2

n an agency relationship, live person who is acting on behalf of a principal•Who mutually consent that rhe agent will act on behalf of rhe principal a

Ebook Business law and the legal environment (8/E): Part 2

nd•Be subject to the principal’s control•Thereby creating a fiduciary relationship.ConsentTo establish consent, the principal must ask die agent to do

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Ebook Business law and the legal environment (8/E): Part 2plicated one night when Steven James sped down a highway and crashed into a car that had stalled on the roadway, thereby killing the driver. In a misg

uided attempt to help his client, James’s lawyer look him to the local hospital for a blood rest. Unfortunately, rhe test confirmed that James had ind Ebook Business law and the legal environment (8/E): Part 2

eed been drunk ar rhe rime of the accident.I The word principal is always used when referring to a person. It is not to be confused with the word prin

Ebook Business law and the legal environment (8/E): Part 2

www.downloadslide.netAgency and Employment LawUNIT3 Lrarniop All Right* R0M

Ebook Business law and the legal environment (8/E): Part 2w/spr I «.*•■ •rvr»T* ttar •• dVorW cwtacvti 9999 •' "•*>,ror*< *cta> *r9X99? •www.downloadslide.netUNIT 6 Agency and Employment Law

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