Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

3.02 Key Terms

Unit 3.00 - Understand employment, agency, environmental, energy, and intellectu

TermDefinition
Actual Authority The express and implied powers of an agent
agency by agreement an agency relationship that is created by an oral written contract between the agent and principal
Agency by estoppel an agency relationship that is created because the principles actio caused a third party to believe that an agency relationship exists
Agency by Ratification An agency relationship that is created because the principal approved of an agent's unauthorized action after the action occurred
Agency By statue An agency relationship created by state of law
Agency Law An area of law dealing with working relationships created between two parties
Agent The individual employed by the principal to work with the third party
Agent's Agent An Agent appointed by another agent without the knowledge of consent of the principal
Apparent Authority Occurs when the powers of the agent are created by law or circumstance
Co agents Two or more agents working together
General Agent An agent that is given the authority to perform a variety of tasks
Gratuitous Agent An agent that works for free
Partially Disclosed Agent An agent that is given the authority to work with a third party but forbidden to reveal the identity of the principal
Principal The individual who give authority to agents
Special Agent An agent that is given the authority to perform specific tasks
Subagent An agent appointed by another agent with the knowledge and consent of the principal
Third Party The person or company whom the agents deal with on behalf of the principals
Created by: AsianKid
Popular Business sets

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards