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Business topics (torts (third party v. principal (agent is employee…

- - - - respondeat superior - liability for the torts his agent commits in the scope of employment
      - employer and employee are jointly and severally liable
      - strict liability
    - - general rule: no liabiltiy
      - exception
        
        inherently dangerous activity
        
        nondelegable duty
        
        loaned agent
        
        negligent selection of contractor
  - - - duty of care
      - duty of obedience
      - duty of loyalty
      - duty to account
- - - - actual
      - apparent
      - ratification
  - - - fully disclosed principal: agent not liable in contract
      - undisclosed principal: agent is personally liable in contract
      - partially disclosed principal: agent is personally liable in contract
  - - - compensate
      - indemnify
      - reimburse
      - cooperate