14: Relationships between Principal and Agent
- Page ID
- 11157
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- Why agency is important, what an agent is, and the types of agents
- What an independent contractor is
- The duties owed by the agent to the principal
- The duties owed by the principal to the agent
- 14.1: Introduction to Agency and the Types of Agents
- This page covers agency law, detailing the relationship between agents and principals, including authority types, agency creation, and legal issues. It distinguishes between independent contractors, agents, and employees, focusing on the implications of these classifications regarding taxation and liability. The text outlines the challenges in worker classification, the five types of agents, and the importance of accurate agency relationships in business and government contexts.
- 14.2: Duties between Agent and Principal
- This page discusses the duties and obligations in agency relationships, outlining responsibilities of both agents and principals. Agents must maintain fiduciary duties and act in the principal's interest, while principals must not interfere unreasonably and must indemnify agents. It addresses the "shop rights" doctrine, the employment-at-will principle, and workers' compensation laws, which provide benefits for job-related injuries but may vary by state and exclude certain workers.
- 14.3: Cases
- This page discusses several legal cases related to employment and liability. In Weingart v. Directoire Restaurant, the court established negligence due to implied agency with Buster Douglas. In the Microsoft case, freelancers were classified as employees for benefits despite being termed temporary employees. The Bacon v. Volvo Service Center case ruled that Volvo lacked protection measures for its customer list, while in Wolfe v.
- 14.4: Summary and Exercises
- This page discusses the roles and types of agents, such as general and special agents, highlighting the legal relationship that emphasizes loyalty and fiduciary duties. It contrasts agents with independent contractors regarding taxation and liability, notes how agencies can arise legally, and addresses potential misconduct or contractual disputes.