GMGT 2060 Lecture Notes - Lecture 21: Sports Agent

• School: University of Manitoba
• Department: General Management
• Course: GMGT 2060
• Professor: Alok Dua

Document Summary

Implied terms are ultimately alienated if you enter into a partnership agreement, normally 20 to 30 pages that deals with provisions of all the implied terms and changes them to the liking of all the partners. Similarly the partnership agreement can refine those terms and make them to your satisfaction, to suit you. Agent: distinguishing feature, he or she can create contractual liability for the principle, agents usually exist by contract, but you can have them by estoppels. Principal: enters into an agency contract with parameters.