Please prepare an essay in response to each of the following case studies. Each essay will be judged on your capacity to present strong, logical discussions that support your conclusions.
Case Study 1
Aker has been Potter’s sales agent for twenty years and has dealt with about 200 customers during that time. In 2008 Potter fires Aker, terminating the agency. None of the 200 customers have heard about the termination.
•What steps must Potter take to protect himself from potential liability from customers and Aker?
Case Study 2
Pete Principal instructs Al Agent, his employee, to repossess some property owned by Ted Turner. Al knows that the repossession is illegal but performs it anyway.
Discuss all aspects of the potential liability in this case. Consider the following when writing this essay: •Agency Law and the right of third parties
•The relationship between the principal and the agent and the authority conferred upon the agent by the principal