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Agency is a consensual relationship that the principal and agent may form by contract
or agreement.
The usual method of enforcing a restrictive covenant is by specific performance.
Lowell recently graduated from college with a degree in business administration, but
has been unable to find a job. After consulting with a lawyer, he decided to file a
Chapter 7 petition with the Bankruptcy Court. He has the following assets:
His debts are as follows:
What can he keep? What will each of the creditors receive? Explain.
The EPA may not impose civil fines.
Infliction of emotional distress occurs when a person by extreme and outrageous
conduct intentionally or recklessly causes severe emotional distress to another person.
Actual express authority depends on the third party having knowledge of the
manifestations or statements made by the principal to the agent.
The agency relationship involves three basic elements: assent, control by the principal,
and the agent's acting on behalf of the principal.
