融经国际商法咨询服务Gnosis&PraxisInt’lCommercial&RegulatoryConsulting希望以上信息对您有所帮助。欲了解相关法规,请寄email给王榮菁律师/涉外法律顾问(上海金茂凯德律师事务所)或造访网站.Ifyouhaveanyquestionsorneedfurtherlegalinformation,pleasecontactRitaWang,Esq.bye-mailatattorneyritawang@sina.comorvisitwebsiteat:1.(MNEMONICS:Principalandagency’sABC)Principal-AgencyRelationship:ThePrincipal-AgentrelationshipexistswhenAgent’sconductiswithPrincipal’sassent,forPrincipal’sbenefit,andwithPrincipal’srighttocontrol.2.LiabilityofPrincipaltoThirdPartiesforTortsofAgent:Thereisnovicariousliabilityforanindependentcontractor’stortsexceptfortheultra-hazardousactivitiesorestoppels.3.LiabilityofPrincipaltoThirdPartiesforContractsEnteredbyAgent:ThePrincipalwillbeliableonhisauthorizedcontracts.Generally,expressauthoritycanbeoralandprivateexceptwherethecontractinvolvestheconveyanceofland,theauthoritymustbewritten.4.(MNEMONICS:AgentsshouldplaytheROLE)Agents’DutiesOwedtoPrincipals:Agenthastocarryoutreasonablecare,obeyreasonableinstructions,andfulfilldutyofloyaltybynotengaginginanyself-dealings.融经国际商法咨询服务Gnosis&PraxisInt’lCommercial&RegulatoryConsulting希望以上信息对您有所帮助。欲了解相关法规,请寄email给王榮菁律师/涉外法律顾问(上海金茂凯德律师事务所)或造访网站.Ifyouhaveanyquestionsorneedfurtherlegalinformation,pleasecontactRitaWang,Esq.bye-mailatattorneyritawang@sina.comorvisitwebsiteat’lCommercial&RegulatoryConsulting希望以上信息对您有所帮助。欲了解相关法规,请寄email给王榮菁律师/涉外法律顾问(上海金茂凯德律师事务所)或造访网站.Ifyouhaveanyquestionsorneedfurtherlegalinformation,pleasecontactRitaWang,Esq.bye-mailatattorneyritawang@sina.comorvisitwebsiteat’lCommercial&RegulatoryConsulting希望以上信息对您有所帮助。欲了解相关法规,请寄email给王榮菁律师/涉外法律顾问(上海金茂凯德律师事务所)或造访网站.Ifyouhaveanyquestionsorneedfurtherlegalinformation,pleasecontactRitaWang,Esq.bye-mailatattorneyritawang@sina.comorvisitwebsiteat’lCommercial&RegulatoryConsulting希望以上信息对您有所帮助。欲了解相关法规,请寄email给王榮菁律师/涉外法律顾问(上海金茂凯德律师事务所)或造访网站.Ifyouhaveanyquestionsorneedfurtherlegalinformation,pleasecontactRitaWang,Esq.bye-mailatattorneyritawang@sina.comorvisitwebsiteat(MNEMONICS:ABC)1.Assent:ThereisaninformalagreementbetweenPrincipal,whohascapacity,andAgent.2.Benefit:Agent’sconductisforPrincipal’sbenefit,3.Control:PrincipalhastherighttocontrolAgentthroughthepowertosupervisethemannerofAgent’sperformance.B.IndependentContractors(IC)orborrowedAgent:1.GeneralRule:PrincipalisnotvicariouslyliablefortortsofIC.2.Exception:a)Ultra-hazardousactivity:IfICisengagedinultra-hazardousactivitywhentortiscommitted.b)Estoppel:IfICisholdingoutwiththeappearanceofanagency.C.Capacityofparties:1.GeneralRule:PersonswholackcontractualcapacitycannotappointAgent.2.CapacityofPrincipal:Principalwillnotbeliableifenteredthecontractasaminor,orincompetent.3.LicenseRequirements:Alicenseispermissiontouseone’sproperty;maybeoralorwrittenandcanbeterminatedanytimebythegrantor.D.Formalities:1.Consent:Consentcanbeinformal.2.Consideration:Thereisnoneedofconsiderationinordertohaveanagencyrelationship,thoughtheyareveryoftenpresent.Agencycontractsthatarecreatedforillegalpurposes,orareagainstpublicpolicyarevoidandunenforceable.3.Writing:Ifcontractconveyslandoraninterestinrealestatethatlastmorethan1year,thenexpressauthoritytoenterthatcontractmustbeinwriting.II.SpecialTypesA.RealEstateBrokersandHisClient:TheauthorizationforcreatingAgentrelationshipregardinglandoranyinterestinrealestatelastingmorethan1yearmustbeinwriting.B.EmployerandEmployee:AgentPrincipalisvicariouslyliablefortortscommittedbyAgentwhenAgentrelationshipexists,andthetortwascommittedbyAgentwithinthescopeofemployment.1.ScopeofEmployment:(1)Conductwaswithinjobdescription,(2)tortoccurredwhileonthejob,and(3)AgentintendedtobenefitPrincipal.a)Frolic:Newandindependentjourney.(1)Principalisnotvicariousliableifthetortiscommittedduringafrolic.(2)FrolicExamples:Takingthecompanycarwithoutpermission,afterhours,goingtoparty,takingadetourduringworkhourmorethan50miles.b)Detour:Meredeparturefromassignedtask,andPrincipalisvicariousliable.2.Intentionaltortsareoutsideofagentrelationshipunless:a)SpecificallyauthorizedbyPrincipal,b)Naturalfromtypeofemployment,andc)MotivatedbyadesiretoservePrincipals.融经国际商法咨询服务Gnosis&PraxisInt’lCommercial&RegulatoryConsulting希望以上信息对您有所帮助。欲了解相关法规,请寄email给王榮菁律师/涉外法律顾问(上海金茂凯德律师事务所)或造访网站.Ifyouhaveanyquestionsorneedfurtherlegalinformation,pleasecontactRitaWang,Esq.bye-mailatattorneyritawang@sina.comorvisitwebsiteat:a)Question:AgenttellsPri