06 Jul Agency Law
Agency law, a form of common law, is premised on the creation of a fiduciary relationship so that one party (an agent) acts, with consent, on the behalf of another (the principal). The three types of agency relationships are expressed, implied, and apparent authority.
Please respond to the following in a substantive post:
Explain the following terms:
expressed, implied, and apparent authority.
Provide an example of each.
Describe when the principal is liable for the agent’s actions.
Explain the following term:
scope of employment.
Consider this scenario: Joe, a driver for Widgets, Inc., drives drunk, causing an accident.
Is Widgets Inc. liable for the damages and injuries caused? Why or why not?
Provide full citations and references, which includes an url link in your reference.
