Order ready-to-submit essays. No Plagiarism Guarantee!
Note: All our papers are written from scratch by human writers to ensure authenticity and originality.
If a time for performance is not stated in the contract, then the contract must be performed immediately.
True
False
Check your essay before you submit. See exactly what your professor sees.
See your AI and plagiarism results before your instructor does.Get the exact same report your professor uses. Trusted by 50,000+ students worldwide.
- The type of agency created when one person is falsely represented to be an agent when no such agency relationship exists, is known as:
Agency by estoppel
Agency by operation of law
The equal dignities rule
Sovereign immunity - Which of the following is one of the two questions that must be answered in order to apply the doctrine of respondeat superior?
Is the alleged tortfeasor engaged in an extremely dangerous activity?
Is the alleged tortfeasor a servant or an alter ego?
Is the alleged tortfeasor a servant or independent contractor?
Is the alleged tortfeasor an agent or a servant? - An anticipatory breach occurs when a party to a contract expresses or clearly implies an intention not to perform to contract after being required to act.
True
False - Which of the following are equitable remedies?
Monetary damages
Specific performance
Specific performance and injunctive relief
Monetary damages, specific performance, and injunctive relief - In which of the following situations may an agent legally appoint a subagent?
When the case involves coagents
When the appointment is implied from the nature of the employment
When the situation involves a nondelegable duty
When the coagent demands such an appointment - When an assignment occurs, the assignee assumes the contractual obligations previously held by the assignor.
True
False - A person given broad authority to conduct the bulk of a principal’s business is called a:
Master
Borrowed servant
Croprietor
General agent - An agent may terminate an agency relationship by revocation.
True
False - List the ways an agency can be created.
- What person may be appointed an agent under a power of attorney?
Anyone
Anyone who can lawfully contract in his or her own name
An attorney only
Anyone who is approved by the court - A substantial or legally sufficient reason for doing something is known as __.
Revocation
Renunciation
Commingling
Good cause - An agency is always:
Contractual
Gratuitous
Consensual
Binding - An agent does not have the authority to represent the principal.
True
False - A statue that provides for a time limitation for legal action (suits) to be filed, are known as __.
Statute of Time Limits
Statute of Limits
Statute of Limitations
Limited Statues - A transfer of a contract duty is a(n):
Novation
Assignment
Warranty
Delegation - When an agent is appointed by the principal to negotiate and enter into contracts on behalf of the principal, is known as:
Contractual Liability
Contractual Responsibility
Tort Liability
Criminal Liability - A warranty is a promise, statement, or other representation of certain qualities.
True
False - An individual who is affected by a contract but who does not receive any benefits from it is known as a third party.
True
False - Express authority may never be indicated by conduct.
True
False - A transfer of a contract right is called a(n):
Delegation
Transfer
Assignment
Beneficiary - The agent’s duty of loyalty means that the agent cannot act __.
For two principals
For more than one year for the same principal
For two principals in the same transaction
For an undisclosed principal - The range of activities authorized by the pricipal to the agent is known as the _.
Scope of authority
Scope of responsibility
Statement of work
Scope of work - Authority granted to an agent may be express, implied, apparent, or known.
True
False - An agency coupled with an interest may not be revoked without the consent of all the parties.
True
False


