Author Question: Explain how the court system would determine whether an agent had actual authority to perform on the ... (Read 17 times)

strangeaffliction

  • Hero Member
  • *****
  • Posts: 660
Explain how the court system would determine whether an agent had actual authority to perform on the behalf of a principal.
 
  What will be an ideal response?

Question 2

Discuss why a principal needs to rely on an agent and why he or she should hire an agent.
 
  What will be an ideal response?



rleezy04

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

A court system would determine whether an agent had actual authority to perform on the behalf of a principle by analyzing the circumstances of each of the particular situations where the authority of an agent is in question, it will review the normal procedures and practices of the business owned by the principles, and it will take into consideration the objective that the principle was attempting to accomplish.

Answer to Question 2

A principle needs to rely on an agent in order to be able to accomplish tasks that they may not be familiar with or that they do not have the time to manage themselves.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

For a complete list of videos, visit our video library