The Principal’s Liability on the Contract

Apr 7th, 2015
DotaCN
Category:
History
Price: $5 USD

Question description

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?


Tutor Answer

(Top Tutor) Daniel C.
(997)
School: UCLA
PREMIUM TUTOR

Studypool has helped 1,244,100 students

Summary
Quality
Communication
On Time
Value
kevin12622
Mar 22nd, 2017
" Goes above and beyond expectations ! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1829 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors