Presentation is loading. Please wait.

Presentation is loading. Please wait.

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

Similar presentations


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

1 CHAPTER 25: AGENCY LIABILITY CONCEPTS

2 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

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

4 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

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

6 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

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

8 CHAPTER 25: AGENCY LIABILITY CONCEPTS


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

Similar presentations


Ads by Google