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Bar Exam: Agency Exam Questions with Correct Verified Answers Latest Update (2024/2025) Guaranteed Pass CA$15.74   Add to cart
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Bar Exam: Agency Exam Questions with Correct Verified Answers Latest Update (2024/2025) Guaranteed Pass
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Bar Exam: Agency Exam Questions with Correct Verified Answers Latest Update (2024/2025) Guaranteed PassBar Exam: Agency Exam Questions with Correct Verified Answers Latest Update (2024/2025) Guaranteed PassBar Exam: Agency Exam Questions with Correct Verified Answers Latest Update (2024/2025) Guara...

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Document information

  • August 20, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • bar exam agency exam
  • bar exam agency
  • bar exam
  • bar
  • bar exam agency exam questions with correct verif
  • bar exam agency exam questions

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  • Real bar
  • Real bar

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DoctorKen

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Bar




Bar Exam: Agency Exam
Questions with Correct Verified
Answers Latest Update
(2024/2025) Guaranteed Pass
1. Actual Express Authority - ANS ✓Express authority is that
authority contained within the four corners of the agency agreement
and those expressly granted by the principal.


2. Actual Implied Authority - ANS ✓Implied authority is authority
that the agent reasonably believes she has as a result of the
principal's actions.


3. Capacity - ANS ✓The respective parties must have capacity. The
principal requires greater capacity than the agent.


Agent needs only minimal capacity.


4. Creation of Agency by Estoppel - ANS ✓When a principal is
estopped from denying the existing of the agency.


Almost no different than apparent authority. Both depends on a 3rd party's
reliance on the acts of the principal.


Remedy to protect the innocent third party against loss.


Bar Exam

, 2
Bar



5. Duties of Agent to Principal (List) - ANS ✓Duty of:
1) loyalty
2) obedience
3) care


6. Agent's Duty of Loyalty - ANS ✓The agent cannot have interests
adverse to the principal.


Agent cannot act on behalf of two different principals with adverse
interests.


7. Agent's Duty of Obedience - ANS ✓**must obey all reasonable
directions of his principal.**


*agent will be liable to the principal for any loss that the principal if the
agent act's in violation of directions.


8. Agent's Duty of Reasonable Care - ANS ✓Compensated agent owed
a duty to carry our her agency with reasonable care in light of local
community standards and taking into account and special skills of the
agent.


Gratuitous agents are modernly held to the same duty of care as others in
the community undertaking similar tasks without compensation.


INCLUDES DUTY TO NOTIFY: of all matters that come to the agent's
knowledge affecting the subject of the agency.



Bar Exam

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