If an employee is required to perform duties for the employer that necessitate the exercise of judgment and discretion and that result in the establishment of a contractual relationship between the employer and a third party, then the employee has the status of an agent even without a:
A) formal contract of agency.
B) deed of trust.
C) stock purchase agreement.
D) joinder agreement.
Correct Answer:
Verified
Q16: A principal is liable for the torts
Q17: It is not necessary for the agent
Q18: The legal principles governing the relationship of
Q19: An agency by operation of law is
Q20: If a person acts as agent for
Q22: An agent must keep accurate accounts of
Q23: If a person acts as an agent
Q24: If the third party does not know
Q25: A principal may not revoke an agency
Q26: The main difference between principal-agent and employer-employee
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents