Hanson :: essays research papers

. What mannikin of authority did he have?What were his limitations?Was the principle disclosed?Is there a apparent motion of recitation?Is the principal jump out by the actors statements?Tests 1. An agency is a relationship ground on an express or implied agreement by which 1 person, the agent, is original to act under the control of or for a nonher, the principle, in negotiating and making contracts with leash persons.2. A general agent is authorized by the P to transact all affairs in connection with a particular kind of backing/ trade.3. The usual method of creating an agency is by express authorization, that is a person is appointed to act for, or on behalf of another.**A absolute majority of states, by statute, require the appointment of an agent to be in authorship when the agency is created to acquire/dispose of any interest in res publica4. An A. has implied incidental authority to perform any act reasonably indispensable to execute the express authority given to the A.**3rd persons should recognize that a contract make with an officer of a private corp. may not be binding unless ratified by the P.5. When the A, makes know the identity of the P. and the position that the A is acting on behalf of that P., the P is disclosed.6. To avoid any question of interpretation, an A should execute an instrument by signing the Ps name and either By or Per and the agents name7. A P. is bound by a statement made by an A. while transacting business within the scope of authority. This means that the P cant later neutralize the statement of an A and show that it is not true.Application The Alexander Sumner union is one that buys and sells real estate and has subsidiaries that act as brokers bringing unneurotic commercial landlords with businesses that need to rent commercial space. One of those subsidiaries is the Alexander Sumner industrial Company which is a corporation. James Hanson works as VP for that corporation. As VP Hanson negotiated and made contracts with businesses to rent commercial space, for the AS Company. He was an agent for the company in many of these situations before, and so he did have the authority as an agent to make arrangements with Ms. Rogers.Now, when the arrangements were being made, Hanson told Ms. Rogers that a current tenant of a grammatical construction had over 40,000 sq.