chapter 19.1 law
With respect to their employers, employees who deal with third parties are generally deemed to be
agents
Agency relationships are normally consensual, coming about through voluntary consent and agreement between the parties T/F
true
Agency relationships can exist outside an employer-employee relationship, and thus agency law has a broader reach than does employment law T/F
true
In an agency relationship involving two parties, the agent agrees to represent or act for the principal T/F
true
Any copyrighted work created by an employee within the scope of her or his employment at the request of the employer is called a
work for hire
Which of the following is NOT one of the four ways in which an agency relationship can arise?
Agency by federal law
A familiar example of an agent is a(n):
corporate officer who serves in a representative capacity for the owners of the corporation.
Agency by _______ is created when the _________ causes a third party to reasonably believe that an agency relationship exists
estoppel & principle
agency
A relationship between two parties in which one party (the agent) agrees to represent or act for the other (the principal).
In which situations may the courts find an agency relationship in the absence of a formal agreement? Choose two
In family relationships & In emergency situations
Independent Contractors
One who works for, and receives payment from, an employer but whose working conditions and methods are not controlled by the employer. An independent contractor is not an employee but may be an agent
Fiduciary
a person having a duty created by his or her undertaking to act primarily for another's benefit in matters connected with the undertaking
With respect to who can become a principal and who can become an agent
a person must have contractual capacity to be a principal, but any person can be an agent
In agency law, ratification occurs when
a principal, by words or by actions, affirms a contract made by a person who in fact is not an agent
When a person who is not an agent makes a contract on behalf of a principal, the principal cannot benefit from the contract T/F
false