BLAW 2301 Chapter Notes - Chapter 3: Fiduciary, Northwest Airlines, Kuwait Airways
Document Summary
Ch 28: agency law: principal: a person who has someone else acting for him, agent: a person who acts for someone else, consent. Mutual consent that agent will act behalf of principal. Ask your neighbor to walk your door: control. William died on his way to iran where he was killed on the plane. He originally held at ticket at northwest airlines but he traded it to for ka ticket. However not true because nw has no control over ka: fiduciary relationship. Agents have to put to put principal needs in front of his own. They are not under any agency relationship because there is no control or fiduciary duty: elements not required for an agency relationship. Equal dignities rule: if agent is empowered to enter into contract that must be in writing, then the appointment of the agent must also be written. Getting an agent to sell your land must be in writing.
