Gilbert Law Summaries on Agency, Partnership and LLCs
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Gilbert Law Summaries on Agency, Partnership and LLCs
The topics covered in Agency & Paternership are rights and liabilities between principal and agent (including agents fiduciary duty, principals right to indemnification), contractual rights between principal and third persons (including creation of agency relationship, authority of agent, scope of authority, termination of authority, ratification, liability on agents contracts), and tort liability (including respondeat superior, master-servant relationship, scope of employment). Also included are property rights of partner, formation of partnership, relations between partners (including fiduciary duty), authority of partner to bind partnership, dissolution and winding up of partnership, and limited partnerships.