Examlex
Respondeat superior has no application to situations where a partner commits a tort,because only the partner,and not the partnership,is liable.
Principal
In a legal context, the principal is the party who grants authority to an agent to act on their behalf in legal or financial matters.
Apparent Authority
A situation where someone appears to have the power to act on behalf of another (such as an employer), even if they do not have actual authority.
Ratify
To formally approve or confirm an agreement or act, making it officially valid.
Breach
The failure to perform obligations as stipulated in a contract, leading to potential legal consequences.
Q2: The statutory provisions governing dissolution and liquidation
Q12: The combination of two or more corporations
Q16: Any method of combination of corporations that
Q31: A benefit corporation , also called a
Q39: Victor negligently led Gus to believe that
Q42: Article 4 of the UCC, entitled "Bank
Q43: Treasury shares are shares that have been
Q56: A drawee bank's refusal to certify a
Q63: Which of the following would be the
Q65: In general, an undisclosed principal and the