by Jason M. Gordon | Feb 23, 2025 | Agency Law
What is the Borrowed Servant Rule?A borrowed servant rule is a legal rule which maintains that an employer is responsible for the activities of a borrowed employee or temporary employee. According to this doctrine, if an employer hires temporary employees such as...
by Jason M. Gordon | Feb 23, 2025 | Agency Law
What is the Master-Servant Rule?The master-servant rule refers to a rule or doctrine whereby an employer is responsible for all the actions of their employees and a party responsible for the actions of its delegates and agents. The master-servant rule is also known as...
by Jason M. Gordon | Feb 23, 2025 | Agency Law
What is a Purchasing Agent in Georgia? Purchasing Agents buy machinery, tools, equipment, supplies, parts, or services needed for running an establishment. Raw or semi-finished materials are purchased for the purpose of manufacturing. A purchasing agent is an...
by Jason M. Gordon | Feb 23, 2025 | Agency Law
What is an agency relationship? An agency relationship is one in which a party acts on behalf of and with the authority of another party. The principal appoints or authorizes the agent to act on her behalf. Responsibility in the Principal for Agent Actions? The agent...
by Jason M. Gordon | Feb 23, 2025 | Agency Law
What are the types of principal? Principals are categorized based upon whether their identity is disclosed to third parties with whom the agent interacts on their behalf. A principal can be classified as Disclosed, Partially-disclosed, or Undisclosed. These...
by Jason M. Gordon | Feb 23, 2025 | Agency Law
What is required to form a principal-agent relationship? An agency relationship is created in the following manners: Express Agreement, Implied from the Situation, Estoppel, by Necessity, or Ratified by the Principal. What is an Express Agency Agreement? A principal...