Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
5 Cards in this Set
- Front
- Back
Test for whether principal will be vicariously liable for torts of an agent?
|
1) principal-agent relationship exists
2) tort was committed by agent within the scope of that relationship |
|
Requirements for a principal-agent relationship?
|
1) asset
2) benefit, & 3) control |
|
What is assent requirement for principal-agent relationship?
|
Voluntary agreement, may be informal, between principal and agent that there be a principal-agent relationship?
|
|
What is benefit requirement for principal-agent relationship?
|
Agent's conduct must be for the principal's benefit
|
|
What is control requirement for principal-agent relationship?
|
Principal must have hte right to control the agent by having the power to supervise the manner of the agent's performance
|