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Tuesday, January 22, 2013

Contract Law

Running Head : NameUniversityCourseTutorDate1 .In this case of Paul Stieger , He gave his faith card to Ms Garrets giving her authority to practice session his credit card to pay for her changes car rental and hotel populate . This agreement shows that Ms Garrett was an operator of Mr . Stieger . This is because Garret had been given certain authority to act on behalf of Stieger . According to the law of means we conclude that Garrett has actual authority to act as an agent of StiegerHowever , Garrett acted beyond the Authority she had been given by using the credit card to pay for other changes apart from the car nephritic an hotel lodging she had been authorized . For 13 of the charges Garrett write Stieger name . This implied that she was performing as an agent on behalf of Stieger . In such a case the third party had no reason to inquiry the authority of Garrett . This means the third party is non nonresistant for the action of GarrettFor the two changes that Garrett signed her own name , she did not imply acting as an agent of any spark advance . Thus Garrett will be liable for her actions as she acted on her own behalfWe hence conclude that Stieger is liable for the 13 charges of which Garrett go out beyond her authority . This is because she was acting on his behalf . However , Stieger stand claim reimbursement from Ms Garrett later for the charges that were beyond her authorityFor the two changes that Garrett signed her name , she will be fully liableIn the case of Brenda smith , she was injured by a falling ceiling and was to be compensated by the insurer of the building . She had contracted Floyd Goldsman as her attorney meaning they had entered into an agency relationship . Goldsman acted as Brenda metalworker s agent in suing Cynfax Goldsman had express authority to act as an agent of smith .
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The insurers of Cynfax agreed to narrow the claim on February 4th . Unknown to them and to Goldsman , the agent , smith had died two eld beforeAccording to the law of agency , agency relationship is terminated in case of dying , insanity or bankruptcy of every the principal or the agent (American Samoa Bar Association 2007 . Brenda Smith died on 2nd February , meaning her agency relationship with Goldsman stop that day However , neither Goldsman nor Cynfax knew of her death and so Goldsman acted as an agent of Smith on February 4th when Cynfax insurers agreed to settle the claims . The law requires that upon termination the agent to be notified of the termination , otherwise the termination does not take effect . Thus as Goldman did not know that Smith had died it was right for her to act as agent on February 4thHowever , after learning of Smith s death Goldsman went ahead and accepted the offer from the insurers . In this , he was not supposed to act as an agent . Termination of the...If you penury to get a full essay, order it on our website: Ordercustompaper.com

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