LAW 3102 Lecture Notes - Lecture 3: Independent Contractor, Fiduciary
Document Summary
Independent contractors: usually are not reimbursed for certain things. Employees (if you travel) you need to be reimbursed. Workers investment/ worker makes services available to independent market if they ask you to sign non-compete high control. You cannot tell independent contractor usually not to work for competitors. Agency that terminates at option of either party principal says sorry this is not working out. Death of a principal no one operating u as their long arm ( there is no agency) Death of an individual agent again no relationship. Loss of capacity- principal must have capacity if person who hired you is now mentally insane bc u can represent their best interest bc they do not know what their best interest is. Corporation goes under or legal entity ceases to operate thus termination of agency. Needs to be pretty significant change of circumstance significant decline of let"s just say property that could end agency.
