Steven makes an endorsement contract with freddy

Assignment Help Business Law and Ethics

Reference no: EM13765952

The Principal's Liability on the Contract

Crash agrees to have Steve represent him in various transactions as an agent to secure him performance contracts and endorsement deals.

Crash writes a letter to Bob that Steve is his agent. Unbeknownst to Bob, Crash specifically instructed Steve to only make endorsement deals with Bob. However, Steve signs a contract for Crash to attend a birthday party performance.

In all other cases, Steve has express authority to enter into any contract on behalf of Crash. So Steven makes a contract with Jimmy for a performance at a bar. Jimmy knows Steven is an agent, but he doesn't not know who Steve is an agent for.

Finally, Steven makes an endorsement contract with Freddy. Fred has no idea whether Steve is representing anyone. Is Crash liable for any of these contracts? Is Steve liable for any of these contracts? Discuss the money amount of damages he can be awarded.

Your paper should be 1-2 pages in length (double-spaced, with one inch margins all around). Be certain to explain and support your answer.

Reference no: EM13765952

Questions Cloud

What will happen if the supply voltage polarity is reversed : What will happen if the supply voltage polarity is reversed for the case of using a diode with PIV of 4.8V?

Analysis of motifs scenes of once upon a time in anatolia : Four page type written analysis of the motifs and mis en scenes of Once Upon a Time in Anatolia.

Urinary disorders issues : What would be the test results of his white blood cells, blood calcium levels, CT scan, and x-ray?

Provide a logical and physical design : Design and develop a database using professional principles and standards. Provide a logical and physical design of the database.

Steven makes an endorsement contract with freddy : Finally, Steven makes an endorsement contract with Freddy. Fred has no idea whether Steve is representing anyone. Is Crash liable for any of these contracts? Is Steve liable for any of these contracts? Discuss the money amount of damages he can be..

Managerial implications of a correlation between variables : What results in your departments seem to be correlated or related to other activities? How could you verify this? Create a null and alternate hypothesis for one of these issues. What are the managerial implications of a correlation between these..

Write a speech outline on everyone should know how to cook : Write a Persuasive Speech Outline on Everyone should know how to cook!

Programing in c data validity : write a main function to input 20 integers in the range of 1 to 6. write a function count the number of times the numbers 2 and 5 occur. the function should declare static variables count2 and count5. check the data validity in the main functi..

What factors are necessary for a monopoly : Why do firms in a competitive market earn zero profits in the long run - what factors are necessary for a monopoly to exist - Why do firms in a competitive industry have a perfectly elastic demand curve?

User Account

All Pages