CHAPTER 25: AGENCY LIABILITY CONCEPTS. Learning Objectives: Contract Liability  How Principals Become Bound  Types of Principals & Impact on Liability.

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CHAPTER 25: AGENCY LIABILITY CONCEPTS

Learning Objectives: Contract Liability  How Principals Become Bound  Types of Principals & Impact on Liability Tort Liability  Tort Liability of Masters  Tort Liability of Independent Contractors Chapter 252 CHAPTER 25: AGENCY LIABILITY CONCEPTS

1.How Principals Become Bound to a Contract a.Actual Authority b.Apparent Authority c.Ratification Chapter 253 CONTRACT LIABILITY

2.Types of Principals & Impact on Liability a.Disclosed Principal i.Liability to Agents ii.Liability to Third Parties b.Undisclosed Principal i.Liability to Agents ii.Liability to Third Parties Chapter 254 CONTRACT LIABILITY

1.Introduction a.Concept Overview i.Respondeat superior ii.Independent contractor b.Joint and Several Liability Chapter 255 TORT LIABILITY

2.Tort Liability of Masters a.Doctrine of Respondeat Superior i.Impact: Vicarious liability on employer ii.Requirements: I.Employment relationship II.Tort occurred within the course of employment b.Exception: Frolics c.Exception: Intentional Torts Chapter 256 TORT LIABILITY

3.Tort Liability of Independent Contractors a. Test for Determining IC status b.General Rule: IC not liable c.Exceptions Chapter 257 TORT LIABILITY

CHAPTER 25: AGENCY LIABILITY CONCEPTS