| A | B |
|---|
| Requirements that an agenct act in the principal's best interest | fiduciary duties |
| Agency that is not based on a contract | gratuitous agency |
| A written grant of agency authority | power of attorney |
| A person who authorizes another to alter one of his or her legal relationships | principal |
| A person who authorizes an agency but does not allow the revealing of his or her existence or identity | undisclosed principal |
| Mixing together the property of the agent and the principal | commingling |
| Principals assent to unathorized acts of an agent | ratification |
| Separate repository for the money of the agent's principal | trust account |
| Requirement that the agency respect the private nature of the information received from the principal | duty of confidentiality |
| The range of acts authorized by the principal | scope of authority |
| A party authorized to enter into legal relationships on behalf of another | agent |
| means that the agent may not secretly benefit from the agency transaction | duty of loyalty |
| At a minimum, requires the agent to communicate to the principal any information that would affect the principal's decision | duty of reasonable care and skill |
| agency authority created when a principal leasds the 3rd party to believe that someone has particular agency authority | apparent authority |
| requires the agent to account for all money and property of the principal that comes into his/her possession | duty of accounting |
| agency authority directly communicated by the principal to the agent | express authority |
| Governemental payments to those who recently lost their jobs | unemployment compensation |
| payment for injuries that occur on the job | worker's compensation |
| Party who engages another to work for pay under the former's control and direction | employer |
| One who contracts to do something for another but is free of the latter's control and direction | independent contractor |
| Firing an employee in retaliaton for reporting violations of the law by the company | wrongful discharge |
| Employment relationship whereby employee may be discarged at any time because no agreementwas made about the length of employment | employment at will |
| employee is cischarged due to the violation of an employment obligation | discharge for cause |
| employee is discharged not due to his or her conduct | discharge without cause |
| requires employee to peform assigned duites at the prescribed time and in the prescribed manner | duty of reasonable performance |
