CDS schiffin Hardin Lecture notes

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Anonymous
ID:
199621
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CDS schiffin Hardin Lecture notes
Updated:
2013-02-11 02:02:36
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Schiffin hardin lecture notes
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Lecture notes
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  1. faduciary duty of adgency 
    • 1. loyalty-loyality to principal
    • 2. duty of care-normal levels of knowledge
    • 3. obedience - adgent must do what principal wants unless illegal
    • 4.duty of notification - adgent has to pass on any information
  2. sole proprieter
    individual is the business. if you earn business money, that money would be on your personal tax.

    business is the individual

    your employees are your adgent.
  3. partnership
    have at least two people

    the partners own the partnership. 

    • general partner is an agent for all purposes
    • employees are adgents for limited purposes

    any income is personal income

    no liability protection

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