by Jason M. Gordon | Feb 23, 2025 | Agency Law
When is Employer Liable for Contracts of Employee? A principal is generally bound to third parties pursuant to the contracts entered into by the agent on behalf of the principal. This means that the principal is responsible for any obligations incurred by the agent...
by Jason M. Gordon | Feb 23, 2025 | Agency Law
Is an Employee an Agent? Employee – An employer hires an employee to work on behalf of the employer as part of or in support of the businesss core functions. The employee generally works exclusively for the business in the functions for which she is hired. The...
by Jason M. Gordon | Feb 23, 2025 | Agency Law
What are the Duties of an Agent in Georgia? Agents generally have the following duties to the principal: Loyalty – An agent has the duty of loyalty to act for the principals advantage and not to act to benefit herself at the principals expense. An agent is...
by Jason M. Gordon | Feb 23, 2025 | Agency Law
What is a Frolic and Detour in Georgia? A frolic and detour is a general defense to vicarious tort liability. It states that the principal should not be liable for the tortious acts of the agent when the agent is acting outside the scope of her employment and for the...
by Jason M. Gordon | Feb 23, 2025 | Insurance & Risk Management
What is a Barra Risk Factor Analysis? The Barra Risk Factor Analysis is a metric used in measuring the overall risk associated with security relative to the market risk. The Barra Risk factor was developed by Barra Inc and thereafter named after the company. It is a...
