Question

Please answers the below True/False and Multiple choice questions from Business Law. (Please provide a brief...

Please answers the below True/False and Multiple choice questions from Business Law. (Please provide a brief explanation to answers)

Chapter: Agency Relationships

1. “By definition, independent contractors are not employees.” True/False

2.   John lies and tells Bill that he, John, is Mike's agent, when he is not. Bill enters into a contract with John for the benefit of Mike. Mike can still ratify the contract John entered into for him. True/False

3. In #2 above, when John lied, he created an agency by estoppel. True/False

4. As a general rule, death of a principal terminates an agency as a matter of law. True/False

5. Employers are generally liable for all intentional torts committed by their employees if they occur on the job, even if they have no relation to their employment. True/False

6. A power of attorney is a special type of agency relationship where the agent must be a licensed attorney. True/False

7. Actual authority of an agent may be express, implied, or apparent. True/False

8. Respondeat superioris a type of vicarious liability. True/False

9. An alleged principal's ratification of a contract entered into by a person who was not her agent can only be express, it may not be by implication. True/False

10. When an agent has paid for the right to exercise authority for a business, the agency created is called an agency coupled with an interest. True/False

11. A special agency is open-ended and not limited to a particular transaction or series of transactions; it is an agency where continuous service by the agent is expected. True/False

12. An agent can have two general classes of authority, actual and apparent. True/False

13. In a disclosed agency situation where the third party knows who the principal is, the third party can sue the principal or the agent if the principal breaches the contract. True/False

14. John is an employee of XYZ Co. While making a delivery, he stops at the 7-11 store to get a cup of coffee. While pulling out of the store's parking lot (back on his way to make his delivery) he negligently causes an automobile accident. His employer is not liable because he was not at the 7-15 to further his employer's business. True/False

16. Employers are generally liable for the negligence of their independent contractors that causes injury to innocent third parties. True/False

Homework Answers

Answer #1
  1. True independent contractors are not employees as they do not work regularly like employees do ,but they work as required.
  2. True Mike can still rectify the contract John entered into for him because this contract is a fraud contract.
  3. False he didn't created and agency by estoppel.
  4. False death of a principal doesn't terminates an agency as a matter of law.
  5. False, employees are only liable for the international torts committed by the employees which has relation to their employment.
  6. True a power of attorney is a special type of agency relationship where the agent must be a licensed attorney.
  7. True actuall authority of an agent may be Express ,implied or  apparent.
  8. True respondeat superior is a type of vicarious liability.
  9. False an alleged principle stratification contact entered into by a person It was not her agent can only be expressed it can also implement.
  10. True when an agent has paid for the right to exercise authority for a business. Agency created is called an agency coupled with and interest.
  11. False special agencies are authorised to conduct only single transaction or specified series of transaction over a limited period of time.
  12. False an agent can have only Apparent class.
  13. True third party can sue the principal or the agent if the principal breaches the contract.
  14. False his employee is liable to it as John was on his work and during long work if you employee gets hungry or Thisty ,they can eat food or drink as its comes under humanity Which an employeer should understand.
  15. False employeers are generally not liable for the negligence of the independent contractor that cause injury to innocent third parties.
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