Questions from Business Law

Q: Can it be ethically justified for a manufacturer to sell a product

Can it be ethically justified for a manufacturer to sell a product with a warranty less than the law requires?

Q: It is often difficult for a third party to distinguish between an

It is often difficult for a third party to distinguish between an agent and an employee. Are there times when it is important to distinguish between the two? Should there be a clear identification sys...

Q: A principal is liable for the torts and crimes committed by an

A principal is liable for the torts and crimes committed by an agent if he or she is performing authorized duties. To what extent should the agent also be liable?

Q: Does it seem likely that a third party would be suspicious if

Does it seem likely that a third party would be suspicious if an agent disclosed the existence but not the identity of his or her principal?

Q: Franklyn, a clerical employee of Woodbury Manufacturing Company, told Buron

Franklyn, a clerical employee of Woodbury Manufacturing Company, told Buron that he was an agent of the company and made a contract on behalf of Woodbury. Later Woodbury repudiated the contract and cl...

Q: Does it place an unnecessary burden on a third party to determine

Does it place an unnecessary burden on a third party to determine whether he or she is dealing with an employee who has the authority of an agent?

Q: In some states, an agent’s contracts may be voided if he

In some states, an agent’s contracts may be voided if he or she is acting for a principal who is a minor. Is this fair to a third party with whom the contract is signed?

Q: Is it fair that in a limited partnership, the limited partner

Is it fair that in a limited partnership, the limited partner enjoys limited liability while the general partner faces unlimited liability?

Q: Persons who face unlimited liability (such as sole proprietors and partners

Persons who face unlimited liability (such as sole proprietors and partners) are allowed to purchase insurance to protect themselves from creditors and others. Should the law allow insurance to be use...

Q: How can a sole proprietor attract employees who are trustworthy?

How can a sole proprietor attract employees who are trustworthy?