In relation to the law of agency, explain the duties of a mandatary(agent).
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In relation to the law of agency, explain the duties of a mandatary(agent).
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- Differentiate obligations arising from delict from obligations arising from quasi – delict.Riffe, while serving as an officer of Wilshire Oil Company, received a secret commission for work he did on behalf of a competing corporation. Can Wilshire Oil recover these secret profits and, in addition, recover the compensation paid to Riffe by Wilshire Oil during the period that he acted on behalf of the competitor? Explain.Jose buys a jet ski for his 16-year-old son, Carlos. Carlos does not like it and Jose seeks to rescind his purchase since the Jet Ski was to be used by a minor. Explain whether or not Jose will be successful?
- From 2015 to 2021, Jerry lived in Houston, Texas and worked at Zydeco Records. Zydeco Records is a family-owned business with one store in Houston, Texas. In January 2022, Jerry was fired from Zydeco Records, and he moved to Colorado to work on a horse ranch. On March 10, 2022, Jerry sued Zydeco Records for breach of contract, a state-based claim. Jerry files his suit in Colorado state court. To avoid the Colorado court's jurisdiction, what should Zydeco Records do first? File an answer. File a default judgment. File a motion for new trial. O File a special appearance. ◄ Previous Next ▸Sam Simpleton, a resident of Kansas, and Nellie Naive, a resident of Missouri, each bought $85,000 in stock at local offices in their home States from Evil Stockbrokers, Inc. (“Evil”), a business incorporated in Delaware, with its principal place of business in Kansas. Both Simpleton and Naive believe that they were cheated by Evil Stockbrokers and would like to sue Evil for fraud. Assuming that no Federal question is at issue, assess the accuracy of the following statements: a. Simpleton can sue Evil in a Kansas State trial court. b. Simpleton can sue Evil in a Federal district court in Kansas. c. Naive can sue Evil in a Missouri State trial court. d. Naive can sue Evil in a Federal district court in Missouri.Raymond owns a bakery on main street that specializes in making custom cookies for special events. He has twenty years of baking and cookie decorating experience and has received numerous awards for his work. Clarice enters the bakery on morning to inquire about Raymond baking some cookies for her daughter’s birthday. The two enter into a contract in which Raymond agrees to bake two dozen cookies and decorate the cookies as characters from Clarice’s daughter’s favorite show. In their discussions, Raymond tells Clarice the cookies will be ‘approximately half a pound each’ in size. As they are in America, Clarice assumes that the half a pound size refers to the weight of the cookies, knowing that the size will vary as each cookie bakes slightly differently. Raymond, however, meant the half a pound size to signify that the cookies will be the size of a half-pound sterling, the primary currency in the United Kingdom. This measurement is significantly smaller than the half a pound in…
- A minor enters into a contract for the purchase of certain necessaries , in such case Question 8Answer a. he is liable to pay b. his guardian is liable to pay. c. he is not personally liable to pay d. his estate is liable to payGeorge develops upper- and middle-income townhouses and condo flats. He hired Pommella as his agent to sell the flat. Pommella is engaged on a fixed-term contract and is paid a predetermined salary plus commission according on the number of flats she sells. George is considering ending the agency relationship with Pomella. Explain to him THREE (3) options to end the relationship lawfully under agency law.Questin 3 (b) Explain the circumstances that contracts made by minors are enforceable.
- define and explain what is Privileges, and Probable CauseWhich of the following represents an agency relationship? 1) Horace wants to sell his farm and hires Marcie as his realtor. The two agree that if Marcie finds a buyer for the farm at Horace's price, then Horace will pay Marcie 7% of the price he receives. 2) Bob dies and leaves his assets in a trust for his minor child, Lilly. In the trust, Bob appoints Reggie as the trustee to act for Lilly's benefit. Since Reggie has a fiduciary duty to Lilly as trustee, Reggie is Lilly's agent. 3) Lucy contracts to sell her car to Tony for $5,000. Tony purchases the car only to find it not in the condition that Lucy described it. Tony is claiming that Lucy violated her fiduciary duty to him as his agent under the agreement. 4) Hunt is an attorney of questionable ethics. Roger, one of Hunt's clients, is arrested for DUI, but appears to be too intoxicated to consent to a breath test. Hunt is contacted by…Explain how the agency relationship relates to the employment relationship