Part 1
There are various ways that the agency relationship can be created. Explain the following:
agency by agreement
agency by ratification
agency by estoppel
agency by operation of law
Do some quick internet research and find a court case that concerns an agency created by one of the above ways. Provide a brief summary of the case, and in detail, explain how the court came to its decision. Do you agree with the decision?
Be sure to provide the source used for this assignment.
Part 2
In Chapter 23, you read about the various duties owed by an agent to the principal. What are those duties? Provide an example of one of these duties.
Do some Internet research and find a case that deals with a duty owed by an agent or principal. Briefly describe the facts of the case and explain how the court came to its decision. Do you agree with the court’s decision?
