The Nature Of Agency

The Nature of Agency In the Nature of Agency ikon several(prenominal) lawful issue are presented. The issues revolve around a contract and the legal authority to sign into that contract playing as mover for the owners of the company evolved. The purpose for this paper is to snap the different forms of style covered in the video and set if the employees had the legal authority to sign the company into a stuffing contract. Hal and Karen are partners that own Quick Takes mental picture. They are macrocosm sued by Non Linear Pro over a undertake for edit equipment that Hal found to be unsatis positionory and returned before a study expired. Non Liner Pro is seeking to recover monies owed to them for the lease of the equipment. half(prenominal) of the partners knew of; or signed the lease. The capital of New Hampshire was signed by Janet an employee of the company. Janet did non complete she was sign language a lease. It was not presented as a lease and Janet assum ed it was a delivery slip. Quick Takes exposure is arguing the nature of the contract because Janet did not know she was signing the contract, it was verbally expressed as a trial offer, and the crossover 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 Busi ness Law: The Ethical, Global, and E-Commerc! e 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 public assistance 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 call for an...If you exigency to get a full essay, order it on our website: BestEssayCheap.com

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