Flashcards in Chapter 30 Deck (14):
Agent's Duty of Loyalty
A fiduciary duty owned by an agent not to act adversely to the interests of the principal.
A rule that says an employer is liable for the tortious conduct of its employees or agents while they are acting within the scope of its authority.
Frolic and Detour
A situation in which an agent does something during the course of his or her employment to further his or her own interests rather than the principal's.
Coming and Going Rule
A rule that says a principal is generally not liable for injuries caused by its agents and employees while they are on their way to or from work.
An errand of another act that a principal requests of an agent while the agent is on his or her own personal business.
A test that determines whether an agent's motivation in committing an intentional tort is to promote the principal's business; if so, the principal is liable for any injury caused by the tort.
A test that determines whether an agent committed an intentional tort within a work-related time or space; if so, the principal is liable for any injury caused by the agent's intentional tort.
A deciet in which an agent makes an untrue statement that he or she knows is not true.
Fully Disclosed Agency
An agency in which a contracting third party knows (1) that the agent is acting for a principal and (2) the identity of the principal.
Partially Disclosed Agency
An agency in which a contracting third party knows that the agent is acting for a principal but does not know the identity of the principal.
An agency in which a contracting third party does not know of either the existence of the agency or the principal's identity.
Implied Warranty of Authority
A warranty of an agent who enters into a contract on behalf of another party that he or she has the authority to do so.
A situation in which a principal accepts an agent's unauthorized contract.