Examlex
Match the following:
a.A principal's obligation to compensate an agent for loss whenever the agent makes a payment or incurs an expense while acting on behalf of the principal.b.Holding a person liable as a principal in order to protect third parties who justifiably rely on a reasonable belief that a person is an agent.c.A consensual relationship authorizing one party to act for and on behalf of another party.d.Responsibility of an agent to keep and render to the principal a record of money or other property received or paid out on the principal's behalf.e.The requirement that an agent act with reasonable care and skill in performing the work for which she is employed.f.The formal,written appointment of an agent.g.Person who agrees to do a particular job and who is not subject to the other's control over the manner and means of conducting the work.h.A duty that arises out of a relationship of trust and confidence that is one of utmost loyalty and good faith.i.A form of liability without fault in which the principal is held liable for the agent's unauthorized tort.j.Authority that is either express or implied and that depends upon consent manifested by the principal to the agent.k.A principal of whom a third party has no knowledge,because he has no reason to believe the agent is acting for a principal.l.An irrevocable agency relationship.m.Power arising from words or conduct of the principal which manifests to a third person that the agent has actual authority and upon which the third person justifiably relies.n.A principal that a third party knows exists but does not know who it is;partially disclosed.o.The confirmation or affirmance by one person of a prior unauthorized act that another has done as his agent.
-respondeat superior
Interpretation
The process of explaining or understanding the meaning of something, often within a specific context.
Inverted Pyramid Style
A method of writing commonly used in news stories that begins with the most critical information, followed by less important details.
Flowcharts
Visual representations of the steps in a process or system, showing how each step is connected.
Authoritative
Commanding respect and obedience; showing a confident and knowledgeable understanding in a particular area or subject.
Q1: A tariff is a duty imposed on
Q3: Insurance protects a business from:<br>A) tort liability.<br>B)
Q14: duty to account
Q16: burglary
Q18: 2-106
Q44: The greatest ownership interest a person may
Q64: Assume that Denmark,a member of the European
Q66: An easement may be created by:<br>A) prescription.<br>B)
Q76: What distinguishes social psychology from other specialties
Q79: Which of the following was a key