UGBA 175 Lecture Notes - Lecture 22: Stationery Stores F.C., Apparent Authority, Intentional Tort

57 views2 pages

Document Summary

Campany credit card (to purchase certain things and not others) If buying pens and says (cid:498)bill haas(cid:499: no actual authority, no apparent authority (office manager buys stuff, not faculty) Viewed through the eyes of the third party (justifiably rely: if with dean and if the dean does not object apparent authority and actual implied authority. Ratification can be done by the principal by words or conduct (cid:498)i"ll go along with it(cid:499) Pay the bill or deliver the promise. Principal needs to give actual notice to business they have been transacting with. For all other stores (stationery stores) constructive notice: legal publication to notify other stationery places (public notice) How an employee can screw up (1) commit a crime: liable if p told a to do it, ex. Auction buddies/ disneyworld: a can sue p for indemnification, if p disclosed becomes liable. 2: undisclosed p becomes liable (after discovered) or a becomes liable (a.

Get access

Grade+
$40 USD/m
Billed monthly
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
10 Verified Answers
Class+
$30 USD/m
Billed monthly
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
7 Verified Answers

Related Documents