In this scenario, Delilah and I have an agency relationship. “In an agency relationship between two parties, one of the parties, called the agent, agrees to represent or act for the other, called the principal (Miller, Hallowell, 2011). In this case, I am the principal and Delilah is my agent. Meaning, we both agree that she will act on behalf and instead of me in negotiating and transacting business with third parties. An agent is also empowered to perform legal acts that are binding on the principal and can bind a principal in a contract with a third person.
For which contracts, if any, are you liable? For which contracts, if any, is Delilah liable? Explain. In this scenario, Delilah and I have an agency relationship. An agency relationship is where a principal engages an agent to carry out various duties on his or her behalf.
II. Did Buyer (Bob) have an enforceable Contract with Seller (Abe)? Contract Formation requires mutual assent plus consideration. The must be an offer and an acceptance supported by consideration. A.
Assignment 2 - Case Scenario LS311-01: Business Law June 9, 2014 Assignment 2 - Case Scenario A contract can be either an express contract or an implied contract. An express contract is one in which the terms are expressed verbally, either orally or in writing. An implied contract is one in which the conduct of the parties involved is defined by their actions. An implied contract is formed if the following conditions exist: the plaintiff provided a service or property; the plaintiff expected to be paid for that service or property and that the defendant should have known or knew that payment was expected; as well as the defendant had a chance to reject services or property and did not (Miller & Jentz, 2010, p. 156). In this scenario, yes, there is a contract which would be considered as an implied contract.
This legal doctrine supports the concept of holding the employer or principal legally responsible for the negligent acts of the employee or agent. These agents’ acts must occur within the scope of employment to hold the principal liable. The principal is liable for the injurious activities of the agent even if the principal did not directly commit the
C). Despite the term that a past consideration is not consideration at all, a past act can be defined as a consideration if two conditions are met. (1), the act performed is requested by the other party. (2), consideration of both parties at all time must have been that there would be a payment made. The case of Lampleigh v Brathwaite (1615) is a good example where the claimant sued for breach of contract.
d. d. sent to the local REALTORS association. 8-When does offering a client’s business for sale Require a real estate license? a. Never b. Always c. When the business includes any real estate d. When more then half the value is real estate 9- An apartment information vendor is licensed by: a.
Facts: LoBiondo (Plantiff) and O’Callaghan (Defendant) had multiple conversations starting in 1996 and spanning over several years regarding LoBiondo’s interest in purchasing O’Callaghan’s house. Nothing was ever put in writing and despite being joint owner on the property; Mrs. O’Callaghan never took part in these discussions. In early 2000 the men met and agreed upon a sale price of $300,000.00. Upon discussing and scheduling necessary repairs to the property, LoBiondo called to follow
On November 24, 2008, Walmart asked the former employee to relieve another employee for a 20-minute break. He could not replace the worker because he could not lift manually after his surgery. He requested the reasonable accommodation of remaining in the position of forklift operator where he had worked for his entire career at Walmart and no manual lifting was required. Walmart refused the request. Instead, Walmart removed the employee from his forklift position and declared he could not perform the functions that were essential of the position and placed him on unpaid leave.
My friend and I had a good time, we went out we had fun until about day three when we were at a grociery store and I forgot my debit card in an atm and could no longer acces my money in the U.S. I called my mom from a pay phone to ask her for money, but she had none. when she asked why i was calling her from a Mexican phone I told her I was at a friends wedding in cancun on vacation. She knows me and cought on right away, she called my old work and found out I was no longer employed by them. I gave her Marcos’ phone number so she could reach me.