The Nature Of Agency

The Nature of Agency In the Nature of Agency mental picture several(prenominal) lawful issue are presented. The issues revolve around a contract and the legal authority to sign into that contract acting as mover for the owners of the company evolved. The purpose for this paper is to re enlist the different forms of function covered in the video and restitute if the employees had the legal authority to sign the company into a spinal column contract. Hal and Karen are partners that own Quick Takes mental picture. They are universe sued by Non Linear Pro over a letting for edit equipment that Hal found to be unsatis positionory and returned before a lease expired. Non Liner Pro is seeking to recover monies owed to them for the lease of the equipment. sketchy of the partners knew of; or signed the lease. The stipulation was signed by Janet an employee of the company. Janet did non chouse she was sign language a lease. It was not presented as a lease and Janet assume d it was a delivery slip. Quick Takes telecasting is arguing the nature of the contract because Janet did not know she was sign the contract, it was verbally expressed as a trial offer, and the crossbreeding point did not perform. This was the legal course for the company until Karen brought up the fact that neither she nor Hal had entered into a lease. Janet did not have the authority.

This brings up the legal issue of agency. Did Janet have the authority to act as an mover and sign into a lease for the partners? Was she acting as an agent of Hals when she signed the lease agreement? In the schoolbook book B usiness Law: The Ethical, Global, and E-Comm! erce Environment the authors fall in and see the creation of an agency relationship. An agency is created by the manifested agreement of two parties that one party (the agent) will act for the derive of the other (the principle) under the principles direction. As the term manifested suggest, the test for an agencys existence is objective. If the parties behavior and the surrounding facts and circumstances refer an...If you exigency to get a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay