agency and employment

agency and employment

ID:7266813

大小:4.40 MB

页数:78页

时间:2018-02-09

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1、PARTVIIAgencyandEmploymentCHAPTERAgencyFormation29andTerminationREALESTATEAGENCYOneofthemostrecognizabletypesofagencyiswhereahomeownerhiresarealestatebrokertosellherhouseforher.Theownerofthehouseistheprincipal.Therealestatebroker,whousuallyisanindependentcont

2、ractor,istheagent.LearningObjectivesChapterOutlineAfterstudyingthischapter,youshouldbeableto:IntroductiontoAgencyFormationandTermination1.Defineagency.2.Identifyanddefineaprincipal–independentAgencycontractorrelationship.IndependentContractor3.Describehowexpr

3、essandimpliedagenciesareFormationofanAgencycreated.CASE29.1Bossev.BrinkerRestaurantCorporation,d.b.a.4.Defineapparentagency.Chili’sGrillandBar5.Describehowanagencyisterminated.CONTEMPORARYENVIRONMENTPowerofAttorneyCASE29.2Matthewsv.FoodLion,LLCApparentAgencyP

4、rincipal’sDutiesAgent’sDutiesTerminationofanAgencyCONTEMPORARYENVIRONMENTAgencyCoupledwithanInterestCHAPTER29AgencyFormationandTermination487Leteveryeyenegotiateforitself,andtrustnoagent.”“—WilliamShakespeareMuchAdoAboutNothing(1598)IntroductiontoAgencyFormat

5、ionandTerminationIfbusinesspeoplehadtopersonallyconductalltheirbusiness,thescopeoftheirThecrowningfortuneofaactivitieswouldbeseverelycurtailed.Partnershipswouldnotbeabletooperate;manistobeborntosomecorporationscouldnotactthroughmanagersandemployees;andsolepro

6、pri-pursuitwhichfindshimetorshipswouldnotbeabletohireemployees.Theuseofagents(oragency),employmentandhappi-ness,whetheritbetomakewhichallowsonepersontoactonbehalfofanother,solvesthisproblem.baskets,orbroadswords,orExamplesExamplesofagencyrelationshipsincludea

7、salespersonwhosellsgoodscanals,orstatues,orsongs.forastore,anexecutivewhoworksforacorporation,andapartnerwhoactsonRalphWaldoEmersonbehalfofapartnership.Someagentsareindependentcontractors.Thatis,theyareoutsidecontractorswhoareemployedbyaprincipaltoconductedli

8、mitedactivitiesfortheprincipal.ExamplesExamplesofindependentcontractorswouldbeanattorneywhoishiredagencylawtorepresentaclientandarealestatebrokerwhoisemployedbyanownertosellThelargebodyof

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