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Restatement (Third) of Agency § 1.01 (2006).
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1What are the two sources of an agency relationship?
What are the two sources of an agency relationship?2What legal capacity must a party have to act as a principal?
What legal capacity must a party have to act as a principal?3What legal capacity must a party possess to serve as an agent?
What legal capacity must a party possess to serve as an agent?4Is it possible for a principal to appoint, or authorize an agent to appoint, multiple co-agents for the same principal?
Is it possible for a principal to appoint, or authorize an agent to appoint, multiple co-agents for the same principal?5What is a sub-agent?
What is a sub-agent?6A man agreed to loan his bike to his brother. Before the brother rode off, the man asked his brother to drop a letter off at the post office for hi...
A man agreed to loan his bike to his brother. Before the brother rode off, the man asked his brother to drop a letter off at the post office for him. The brother did not respond in any way and rode off without taking the letter. Unfortunately, the man’s brother rode the bike extremely quickly and negligently hit a jogger.Can the jogger recover from the man on the theory that the man and his brother were in an agency relationship?7Can an agent’s actual authority be terminated?
Can an agent’s actual authority be terminated?8Does the termination of an agent’s actual authority automatically terminate any apparent authority held by the agent?
Does the termination of an agent’s actual authority automatically terminate any apparent authority held by the agent?9In an agency relationship, may an agent serve multiple principals in the same transaction or matter?
In an agency relationship, may an agent serve multiple principals in the same transaction or matter?