Agency Law (Intro)

Agency Law (Intro)

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Business, Social Studies

University

Hard

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The video tutorial introduces the concept of agency, identifying the primary parties involved: the principal, the agent, and third parties. It discusses the types of principals and agents, including employees and independent contractors, and their respective duties. The tutorial also covers the termination of agency relationships, the authority of agents, and the potential liability of principals for agents' actions. It explains vicarious liability, particularly the doctrine of respondeat superior, and what constitutes actions within the scope of employment, including exceptions like frolic and detour.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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