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Agency - Coggle Diagram
Agency
Contracts
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3rd P v. Principal
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Authority
Actual:
Manifestation of the principal to the agent that the agent acts for the benefit of the principal in a particular way and that the principal to be bound by the agent's action
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Apparent
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3rd party reasonably believes the agent has authority to act on behalf of the principal and belief is based on the principal's representations made to the third party
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Defintion
Creating an agency relationship: one person, a principal, assents to another person, and agent, to act on the principal's behalf, the agent must also assent to act
IC or Employee
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The employer has the right to control to details of the conduct of its employee as to the result and means to the result
Torts
Agent v. Principal
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3rd P v. Principal
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Respondeat Superior (IC)
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Exceptions:
Inherently dangerous activities: Nature and circumstances of the work that is performed are such that injury to others will probably result unless precautions are taken.
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1) Who is suing whom? (agent, principal, or third party); and 2) is it tort or contract?