User Account

All Pages

Define the principals liability on the contract

Assignment Help Other Subject
Reference no: EM131622744

The Principal's Liability on the Contract

Crash agrees to have Steve represent him in various transactions as an agent to secure him performance contracts and endorsement deals.

Crash writes a letter to Bob that Steve is his agent. Unbeknownst to Bob, Crash specifically instructed Steve to only make endorsement deals with Bob. However, Steve signs a contract for Crash to attend a birthday party performance.

In all other cases, Steve has express authority to enter into any contract on behalf of Crash. So Steve makes a contract with Jimmy for a performance at a bar. Jimmy knows Steve is an agent, but he doesn't know who Steve is an agent for.

Finally, Steve makes an endorsement contract with Fred.

Fred has no idea whether Steve is representing anyone.

Is Crash liable for any of these contracts?

Is Steve liable for any of these contracts?

Reference no: EM131622744

Questions Cloud

Elements of strategic planning in health care settings : To prepare for this Discussion, think about the elements of strategic planning in health care settings.
Define the agency-principal relationship : Evaluate and apply the principles of agency law to these events and describe the legal effect of each of these events on the agency-principal relationship
Discuss your emotional and social intelligence skills : Discuss your emotional and social intelligence skills that will contribute to the success of the mentoring experience.
At end of which quarter must the first futa tax be deposited : Powell's Lumber Company has two employees who are paid semimonthly. One employee earns $1,320 and the other earns $1,275 per pay period.
Define the principals liability on the contract : Crash agrees to have Steve represent him in various transactions as an agent to secure him performance contracts and endorsement deals
Marketing concept and the 4p''s concept : Create a thread that answers and explains the following questions or issues:
Find a current business event from the wall street journal : Find a current business event from the Wall Street Journal that represents a leadership challenge. Now, imagine you have been asked to step into the leadership
Problem related to the shirley riddle : Shirley Riddle earns $2,319 biweekly. She is single and claims no withholding allowances. She saves 2% of her salary for retirement and pays $22.80.
Define the applicable law : demonstrates your knowledge of the applicable law for each of the three questions that pertain to this scenario

Reviews

Write a Review

Other Subject Questions & Answers

  Take the temperature of the bubble to be the same

An air bubble of 16 cubic cm volume is at the bottom of a lake 75 m deep where the temperature is 4.0 degrees C. The bubble rises to the surface, which is at a temperature of 20 degrees C.

  Racial categories are fixed

Racial categories are fixed

  SWOT analysis aim to identify external market forces

Which aspect(s) of the SWOT analysis aim to identify external market forces?

  Articles on time management in projects

What sense do you get that project scheduling is as much about personal time management as it is about effective scheduling? Cite some articles or information to support or disagree with this position.

  Explain the foundation of methodism

John Wesly, was an Anglican minster in the Church of England. his theological writings led to the foundation of Methodism. He traveled tirelessly preaching about personal responsibility, against predestination, and for personal experiences of the ..

  Does the drug free workplace act apply here

The area is in the back room and only that person has access to the room.Do you make the person remove them? Why or why not?

  A springboard for promoting healthy aging

Discuss the research of this topic and suggest effective interventions for using childhood as a springboard for promoting healthy aging.

  Critical thinking strategies in decision

What forces of influence should be considered while identifying a problem through critical thinking?

  Terms of management and leadership competencies

Profile yourself in terms of management and leadership competencies. Once this profile has been completed, develop an action plan for professional development that will reduce or eliminate identified gaps in competencies and skills.

  Sitting in a room blindfolded

Person A, B, C, and D are all sitting in a room blindfolded. A hat is placed on each person's head and they are told it is either red or blue. In fact, each person was actually given a red hat.

  What do you believe is the purpose of criminal law

In your own words, What do you believe is the purpose of criminal law

  What type of person does better when their spouse dies

What type of person does better when their spouse dies? What gender differences do we see here

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd