Relationship with Third Parties
Distinguish among actual express authority, actual
implied authority, and apparent authority.
• Explain the contractual liability of the principal, agent,
and third party when the principal is (1) disclosed,
(2) unidentified (partially disclosed), and (3) undisclosed.
• Explain how apparent authority is terminated and
distinguish between actual and constructive notice.
Describe the tort liability of a principal for the
(1) authorized acts of agents, (2) authorized acts
of employees, and (3) unauthorized acts of
independent contractors.
• Explain the criminal liability of a principal for the acts
of agents.