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Agency and Partnerships

This class was created by Brainscape user Charlotte Armour. Visit their profile to learn more about the creator.

By: Charlotte Armour
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Decks in this class (18)

Nature of Agency Relationships
What is an agency relationship 1,
Gratuitous agency 2,
Contractual agency 3
4  cards
Creation of an Agency Relationship
Requirements for creating an agen...,
How can principal and agent manif...,
Requirements of agency by ratific...
3  cards
Duties of Agents and Principals
Agent s duties owed to principal 1,
Agent s duty of care to principal 2,
Agent s duty of loyalty to princi...
4  cards
Power and Authority of Agents
When does agent have power to bin...,
Actual authority 2,
How does a principal ratify an ag...
3  cards
Scope of Employment
Scope of employment 1,
What is a task authorized by empl...
2  cards
Agent's Contractual Liability to Third Parties
When is an agent contractually li...
1  cards
Principal's Contractual Liability to Third Parties
What is a principal s contractual...,
What is a principal s contractual...
2  cards
Agent and Principal's Tort Liability to Third Parties
Agent s tort liability to third p...,
What is a principal s liability t...,
Respondeat superior 3
5  cards
Basics of Partnerships
Partnership 1,
Types of partnerships 2
2  cards
Formation of Partnerships
How is a general partnership form...,
How is a limited partnership form...,
How is a limited liability partne...
3  cards
Partnership Agreement
What is a partnership agreement 1,
How can pa differ from upa s defa...
2  cards
Conducting Partnership Business
What rights do general partners h...,
When does a general partner bind ...,
How are disputes between general ...
4  cards
Duties Within the Partnership
When is a partner personally liab...,
General partner s duty of care 2,
General partner s duty of loyalty 3
6  cards
Sharing of Profits and Losses
How are profits shared in a partn...,
How are losses shared in a partne...
2  cards
Partner's Interest in the Partnership
What is a partner s interest in a...,
Can a partner transfer his intere...
2  cards
Liability to Third Parties
General partners liability to thi...,
Limited partners liability to thi...
2  cards
Dissociation
Partner s power to dissociate in ...,
Events causing a partner s dissoc...,
Dissociation of a partner in lp 3
4  cards
Dissolution and Winding Up
Causes of dissolution applicable ...,
When will a partner s application...,
Application by transferee of a pa...
9  cards

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Agency and Partnerships

  • Class purpose General learning

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Agency and Partnership
  • 3 decks
  • 141 flashcards
  • 326 learners
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