User Account

All Pages

The principal liability on the contract

Assignment Help Business Management
Reference no: EM132888491

For each assignment in business law, students should utilize the IRAC method. Introduce the concepts from a particular week, state the Rule of law making sure to include all elements of any law, Analyze the problem using both the facts of the case and the rule of law and finally make a Conclusion on the problem.

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 Steve makes a contract with Jimmy for a performance at a bar. Jimmy knows Steve is an agent, but he doesn't know who Steve is an agent for.

Finally, Steve makes an endorsement contract with Fred.

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?

Reference no: EM132888491

Questions Cloud

Is one or the other more applicable to variety of situation : Evaluation of the applicability of the theories given the contrast you described. Is one or the other more applicable to a variety of situations?
Firm should seek to maximize welfare : Some suggest that a firm should seek to maximize the welfare of all its stakeholders, such as employees, customers, and the community in which it operates.
Find happiness and longevity outside of a romantic relations : Some research shows that lonely people are more likely to have an early death than those with close relationships. Do you agree with this?
What characteristics have changed : Think about an older person whom you have known over a long period of time. What personality characteristics appear to have been stable over time?
The principal 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.
Can be confident that perceptions reflect reality : What are the factors that create these differences in perceptions from person to person? Can we be confident that our perceptions reflect reality?
What are some traditions : Provide a description about your culture. What makes it unique? What are some traditions? Food? How do beliefs and values differ? Be creative.
Describe key areas they would need to take over in absence : Describe the general effects of deployment on spouses/significant others. Describe the key areas they would need to take over in your absence.
List five different examples of equity and equality : List five different examples of equity and equality and how they are different in a given scenario; explain the following:

Reviews

Write a Review

Business Management Questions & Answers

  What is business-embedded model

What is business-embedded model and its advantages and disadvantages.

  Presuming that the fcpa did not exist

Presuming that the FCPA did not exist and what is the ethical response to each of the payments

  Discussion-airline frequent flyer programs

Describe such things as its origin, how they promote their FFP to encourage more business and leisure travelers.

  Prevent businesses from engaging in fraud

Consumer protection laws are designed to prevent businesses from engaging in fraud or unfair practices, to protect individuals from scam artists, and identity thieves and crooks. - See more at: http://consumer.findlaw.com/#sthash.Wb8IMkVm.dpuf

  About the mcdonald''s strip search incident

Review "Clippings" on pages 607-608 of your textbook about the McDonald's strip search incident. Imagine a scenario that is not quite as egregious as the one referenced. Instead, imagine that a female assistant manager performed the same cavity se..

  Aggregate demand-aggregate supply model

Answer the following questions, and explain what would happen to the aggregate demand-aggregate supply model when appropriate.

  Future of fossil fuels-solar energy and economic growth

Energy policy, and the future of fossil fuels, solar energy and economic growth throughout the world. With the right policies, a low-carbon energy system consistent with avoiding the most damaging effects of climate change could free up trillions..

  Culture eats strategy for breakfast

The aphorism "culture eats strategy for breakfast" or some variant thereof is often invoked in management discussions and case studies.

  Implement better policies to safeguard

Assume you are an HR business partner and leader in a full-size HR department for your organization. Based on what you have learned about business employment

  Challenges confronting human resources managers

Identify the challenges confronting human resources managers within the context of global environment, international and domestic issues,

  Enhance the customer experience

Explain in one or two lines for each item below how the following extras and add-ons enhance the customer experience.

  Predicting healthcare demand

Our Lesson talks about Predicting Healthcare Demand. The Economic Model is discussed, how does it differ from the Population-based model?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd