Question
Business Associations | Agency | MULTIPLE_CHOICE
Easy
...the central apparent-authority rule. A third party cannot manufacture apparent authority by relying only on what the supposed agent says. Restatement (Third) of Agency section 2.03
Citations: Restatement (Third) of Agency section 2.03
Question
Business Associations | Agency and Partnerships | MULTIPLE_CHOICE
Medium
...rom assent and control, and a principal is bound by actual authority, apparent authority traceable to the principal, or ratification; agents owe fiduciary duties. Focus on manifestations, control, reasonable reliance, sc...
Citations: Restatement (Third) of Agency sections 1.01, 2.01, 2.03, 4.01
Question
Business Associations | Agency and Partnerships | MULTIPLE_CHOICE
Medium
...rom assent and control, and a principal is bound by actual authority, apparent authority traceable to the principal, or ratification; agents owe fiduciary duties. Focus on manifestations, control, reasonable reliance, sc...
Citations: Restatement (Third) of Agency sections 1.01, 2.01, 2.03, 4.01
Question
Business Associations | General Partnerships | MULTIPLE_CHOICE
Hard
...but important rule that dissociation does not instantly eliminate all apparent authority as to third parties who reasonably lack notice. Uniform Partnership Act and Revised Uniform Partnership Act principles
Citations: Uniform Partnership Act and Revised Uniform Partnership Act principles
Question
Business Associations | Directors and Officers | MULTIPLE_CHOICE
Medium
...ration's only factory. Which statement best describes the president's apparent authority? The best answer uses scope and reasonableness rather than an absolute rule based on title. Agency principles applied to corporate...
Citations: Agency principles applied to corporate officers
Question
Business Associations | Agency and Partnerships | MULTIPLE_CHOICE
Hard
...rom assent and control, and a principal is bound by actual authority, apparent authority traceable to the principal, or ratification; agents owe fiduciary duties. Focus on manifestations, control, reasonable reliance, sc...
Citations: Restatement (Third) of Agency sections 1.01, 2.01, 2.03, 4.01
Question
Business Associations | Agency and Partnerships | MULTIPLE_CHOICE
Medium
...rom assent and control, and a principal is bound by actual authority, apparent authority traceable to the principal, or ratification; agents owe fiduciary duties. Focus on manifestations, control, reasonable reliance, sc...
Citations: Restatement (Third) of Agency sections 1.01, 2.01, 2.03, 4.01
Question
Business Associations | Agency and Partnerships | MULTIPLE_CHOICE
Medium
...rom assent and control, and a principal is bound by actual authority, apparent authority traceable to the principal, or ratification; agents owe fiduciary duties. Focus on manifestations, control, reasonable reliance, sc...
Citations: Restatement (Third) of Agency sections 1.01, 2.01, 2.03, 4.01
Question
Business Associations | Agency and Partnerships | MULTIPLE_CHOICE
Medium
...rom assent and control, and a principal is bound by actual authority, apparent authority traceable to the principal, or ratification; agents owe fiduciary duties. Focus on manifestations, control, reasonable reliance, sc...
Citations: Restatement (Third) of Agency sections 1.01, 2.01, 2.03, 4.01
Question
Business Associations | Agency and Partnerships | MULTIPLE_CHOICE
Hard
...rom assent and control, and a principal is bound by actual authority, apparent authority traceable to the principal, or ratification; agents owe fiduciary duties. Focus on manifestations, control, reasonable reliance, sc...
Citations: Restatement (Third) of Agency sections 1.01, 2.01, 2.03, 4.01
Question
Business Associations | Agency and Partnerships | MULTIPLE_CHOICE
Hard
...rom assent and control, and a principal is bound by actual authority, apparent authority traceable to the principal, or ratification; agents owe fiduciary duties. Focus on manifestations, control, reasonable reliance, sc...
Citations: Restatement (Third) of Agency sections 1.01, 2.01, 2.03, 4.01
Question
Business Associations | Agency and Partnerships | MULTIPLE_CHOICE
Medium
...rom assent and control, and a principal is bound by actual authority, apparent authority traceable to the principal, or ratification; agents owe fiduciary duties. Focus on manifestations, control, reasonable reliance, sc...
Citations: Restatement (Third) of Agency sections 1.01, 2.01, 2.03, 4.01
Question
Business Associations | Agency and Partnerships | MULTIPLE_CHOICE
Medium
...rom assent and control, and a principal is bound by actual authority, apparent authority traceable to the principal, or ratification; agents owe fiduciary duties. Focus on manifestations, control, reasonable reliance, sc...
Citations: Restatement (Third) of Agency sections 1.01, 2.01, 2.03, 4.01
Question
Business Associations | Agency | MULTIPLE_CHOICE
Medium
...hority, but the supplier had a prior course of dealing and no notice. Apparent authority can continue in that setting. Restatement (Third) of Agency section 3.11
Citations: Restatement (Third) of Agency section 3.11
Question
Business Associations | Agency | ESSAY
Hard
...ay. Is Atlas liable to Metro for the order? Discuss actual authority, apparent authority, and any claim Atlas may have against Dev. This essay tests a frequent agency trap: termination ends actual authority but may not e...
Citations: Restatement (Third) of Agency sections 3.06, 3.11
Question
Business Associations | Agency | ESSAY
Hard
...bound to BeanWorks on the roaster contract? Discuss actual authority, apparent authority, and ratification. (b) If Roast & Rail is bound, what claim, if any, may Nina or the company have against Maya? This essay tests th...
Citations: Restatement (Third) of Agency sections 2.01, 2.03, 4.01
Question
Business Associations | Agency | MULTIPLE_CHOICE
Medium
A restaurant employee, without authority, ordered $12,000 of specialty wine in the restaurant owner's name. The next day, the owner learned the price, quantity, and supplier. He told the employee, "You had no right to do...
Citations: Restatement (Third) of Agency section 4.01
Question
Criminal Law and Procedure | Theft and Property Crimes | MULTIPLE_CHOICE
Medium
A nonprofit treasurer had authority to hold donation checks in the nonprofit's bank account and pay approved expenses. The treasurer transferred $6,000 of donation money to his personal account and used it for a vacation...
Citations: NCBE NextGen UBE Content Scope, Criminal Law, Model Penal Code 223.8
Question
Constitutional Law | Fifth Amendment and Takings | MULTIPLE_CHOICE
Medium
...mend. V, Kelo v. City of New London, Berman v. Parker, Hawaii Housing Authority v. Midkiff
Citations: U.S. Const. amend. V, Kelo v. City of New London, Berman v. Parker, Hawaii Housing Authority v. Midkiff
Question
Constitutional Law | Tenth Amendment and Anti-Commandeering | MULTIPLE_CHOICE
Medium
...bus companies and to state-owned transit authorities. A state transit authority argues that public transportation is a traditional state function and that the Tenth Amendment exempts it from the overtime rule. Which stat...
Citations: U.S. Const. amend. X, Garcia v. San Antonio Metropolitan Transit Authority
Question
Constitutional Law | Tenth Amendment and Anti-Commandeering | MULTIPLE_CHOICE
Hard
...ed States, Reno v. Condon, Garcia v. San Antonio Metropolitan Transit Authority
Citations: U.S. Const. amend. X, Printz v. United States, Reno v. Condon, Garcia v. San Antonio Metropolitan Transit Authority
Question
Business Associations | LLC Basics | ESSAY
Medium
...ent. The filed public record does not mention management structure or authority limits. Member Nora bought $18,000 of repair tools from Supplier after telling Supplier that the tools were for the shop. Member Eli objecte...
Citations: Revised Uniform Limited Liability Company Act principles, Agency principles for entity authority
Question
Business Associations | Corporations Formation and Authority | MULTIPLE_CHOICE
Easy
...ees, creditors, and customers. A student asks who generally has legal authority to manage or direct the corporation's business and affairs. Which statement is most accurate? This is the core governance rule behind author...
Citations: Model Business Corporation Act principles
Question
Business Associations | Corporations Formation and Authority | MULTIPLE_CHOICE
Medium
A corporation owns one factory and all of its manufacturing equipment. Its president signs a contract to sell the factory, equipment, customer list, and trade name to a competitor. The sale is outside the ordinary cou...
Citations: Model Business Corporation Act principles