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Special Report on

The Undisclosed Principal

the undisclosed principal special research report Photo by
Various issues in the common law arise when agents make contracts on behalf of principals. Should a principal be bound when his agent makes a contract on his behalf that he would immediately wish to disavow? The tradeoffs resemble those in tort, so the least-cost avoider principle is useful for deciding which agreements are binding and can unify a number of different doctrines in agency law. In particular, an efficiency explanation can be found for the undisclosed-principal rule, under which the agent's agreement binds the principal even when the third party with whom the contract is made is unaware that the agent is acting ...
jurisdictions, a contract which was sealed ("made under seal") was treated differently from other written contracts (which were "made under hand"), although this practice gradually fell out of favour in most of these jurisdictions in the 19th and early 20th century. The legal term seal arises from the wax seal used throughout history for authentication (among other purposes). Originally, only a wax seal was accepted as a seal by the courts, but by the 19th century many jurisdictions had relaxed the definition to include an impression in the paper on which the instrument was printed, an embossed paper wafer ...
iv - kingsland, turney and cox: who is this concealed purchaser?
deal in which powerful politically-connected figures make a lowball offer for Kingsland Estates Limited, of which Marjorie Knox is a shareholder. In time, the SBG deal goes away. The Knox family is dealing with lawyer, Clyde Turney. Mrs. Knox is still fighting for audited statements with full disclosure of land value. The information to calculate the fair market value of her shares is withheld from her. Clyde Turney claims to represent an undisclosed principal of R. G. Mandeville & Co. - This undisclosed principal is a mysterious buyer without a name. (Later it is discovered that the deal is similar to the SBG effort , ... market research, surveys and trends
Law of Agency: Authority and Power (the paradigm case) « CarlosJames
“Authority,” like “possession,” carries the image of a paradigm case justifying a legal result: “power” is neutral and simply states the result regardless of the reasons for it.’ [1] Authority, like possession, is conferred through consent by one person (principal) on another person (agent) who expressly or impliedly agrees to act on his behalf (the paradigm case). From this agreement power is derived to affect the principal’s legal relations with others. Where power is present without such ‘consent’, it is considered a legal concept deriving from some evidence of authority ... market research, surveys and trends


FOR EDUCATIONAL USE ONLY Page 1 161 F.Supp.2d 250, 44 UCC Rep.Serv ...
ever paid Weil the $1 million. (Weil 56.1 ¶ 30) None- ... to additional references to the undisclosed principal, referred to also as the “eventual buyer ” and the “ul- .... is nine percent simple interest per annum. N.Y. ... industry trends, business articles and survey research
SFH, Inc., Plaintiff - Appellant/Cross-Appellee, v. Millard
SFH, Inc., Plaintiff - Appellant/Cross-Appellee, v. Millard Refrigerated Services, Inc., Defendant - Appellee, Larsen Realty Company, Defendant - Appellee/Cross-Appellant. The Travelers Indemnity Company of Illinois, Plaintiff - Appellant, v. Millard Refrigerated Services, Inc., Defendant - Appellee. No. 02-2330, No. 02-2489, No. 02-3442 UNITED STATES COURT OF APPEALS FOR THE EIGHTH CIRCUIT 339 F.3d 738; 2003 U.S. App. LEXIS 16509 March 10, 2003, Submitted August 12, 2003, Filed SUBSEQUENT HISTORY:   Rehearing denied by SFH, Inc. v. Millard Refrigerated Servs., 2003 U.S. App. LEXIS 20415 (8th Cir. Neb., Oct. 7, 2003) ... industry trends, business articles and survey research
Chul Mo Kim contracted with an Olympia architect for professional services to facilitate the development of California properties that were owned at different times by Kim, and then his sons, in various partnerships. When Kim, and then the sons, sued the architect, alleging breach of contract, the trial court dismissed the claims, ruling that the plaintiffs were not real parties in interest and that an undisclosed principal may not enforce a personal services contract. Only the Kim children appeal. At issue on appeal is the propriety of those dismissals. We hold that as a party to a contract for personal architectural services, ... market trends, news research and surveys resources
Aiding and Abetting Charges in $22M Ponzi Scheme Reinstated Against Law Firm
A state appellate court Tuesday reinstated aiding and abetting charges against a New Jersey law firm in a suit by investors over its alleged role in a $22 million Ponzi scheme. Justice Sallie Manzanet-Daniels, writing for a unanimous panel of the Appellate Division, 1st Department, said that the court "cannot and will not endorse what is essentially a 'see no evil, hear no evil' approach." "If the facts and circumstances herein do not support an inference of actual knowledge, then it is doubtful that any action for aiding-and-abetting fraud could be sustained by an attorney, who, like the defendant attorneys, ... market trends, news research and surveys resources


The Undisclosed Principal to a Land Contract - Possible Misleading ...
The doctrine of the undisclosed principal is at variance with one of the fundamental rules of the law of contract.[7] The rule of privity of contract allows ... technology research, surveys study and trend statistics
ST 97-12 - Undisclosed Principal/Agent Controversy
undisclosed principal, or entrusted with the possession of any bill of lading,.. .for delivery of any tangible personal property, or entrusted with the ... technology research, surveys study and trend statistics
Common Law – an undisclosed principal is bound by the acts of the agent, ... Restatement §302 – 3rd parties are bound to the undisclosed principal unless (3 ...
Distribution of Products: import/export, undisclosed principal ...
I am interested in importing/exporting wines and I would like to know what sort of relationship I should try and set up with the wineries? For example what is the difference between a distributor and an agent? Many thanks for your help. Cezar Answer Dear Cezar I hardly never get a question from anyone who lives in the same suburb as me- most of my answers are for overseas enquiries- (1)You can either be a "Buyer'-where you Buy the wine from a SUPPLIER, the resell it as "seller" in the country you wish to import the product into- or you can approach the wineries direct and ask to be their "agent"- ...
WikiAnswers - What is the legal document in which principal sets ...
Not exactly certain what is bieng asked. Each page must be vcertified seperately to ensure that, later on, a different page was not inserted into the original bunch. Can the agent have higher authority than the principal ? If we go strictly as per the law the answer would be NO. However, law confers upon the agent the power to do things which even the principal would not be entitled to; under extraordinary... What is the duties of a deputy principal of a school? The role of a Deputy principal in a school is to assist the principal with the daily runnings of the school. Deputies have their own specific jobs, for example ...