978-0078023194 Chapter 19 Solution Manual

subject Type Homework Help
subject Pages 4
subject Words 829
subject Authors Anthony Liuzzo

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Chapter 19 Assessment Answers
Matching Key Terms
1. a 8. f
2. n 9. h
True/False Quiz
15. T 20. T
16. F 21. T
Discussion Questions
26. A general agent is a person authorized to assume complete charge of his or her principal’s
27. A third party dealing with an agent of a disclosed principal knows the identity of that principal.
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29. The main difference between principal–agent and employer–employee relationships is the
30. Express authority is the authority of an agent to perform the duties that are specifically stated in
Thinking Critically About the Law
31. Students should point out that an agent is assumed to have greater authority and
35. Having a minors contract voided seems unfair to a third party who may not have even known
Case Questions
36a. N
37a. Y
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38a. N
Case Analysis
39. Principle of law: Employers are not liable to third parties for the acts of their agents if the
40. Principle of law: Third parties can sue an agent of an undisclosed principal. However, once the
41. Principle of law: For an agency to exist, a contract of agency must exist, not merely
42. Principle of law: Principals are responsible for the torts of their agents—if, in fact, an agency
Legal Research
43. Students may point to the fact that the real estate agent has a duty to obey all of the principal’s
44. Students might find examples from Web sites that include the following key terms: agent,
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BONUS ACTIVITIES
Lead a class discussion on the termination of an agency. Ask students to provide examples.

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