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Is the principal liable for the faults of the products sold by the agent which are not a product of the principal?
Wiki User
∙ 13y ago
It depends. There are certain situations where they could be. If they gave faulty instructions to their agent, of they were negligent in hiring the agent, or if they did not supervise the agent properly. Then, there is the doctrine of Respondeat Superior, which allows a principal to be liable for their agent's acts that happened while the agent was acting "in the scope" of the agent's authority. Then, there are specific factors that have to be met in order to prove that. It gets very complex.
Wiki User
∙ 7y ago
Wiki User
∙ 13y agoIf the principal is NOT the producer of the faulty products they cannot be liable, regardless of WHO sells them.
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Can a principal contractor be vicariously liable for the actions of his subcontractor?
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guarantor
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true
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Can a Power of Attorney be held liable for a principal's debts?
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What are the consequences of defying the power of attorney?
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Who is liable for a surety bond claim?
The party that is liable for a surety bond claim depends on the specific terms and conditions of the bond. Generally, the principal, who is the party that purchased the surety bond, is initially liable for any claims made against the bond. However, if the principal fails to fulfill their obligations, the surety company may step in and become liable for the claim.
Can POA agent be respossible for principal's depts?
The Power of Attorney is not personally responsible. If they have mis-managed the funds, they could be held liable to the grantor of the responsibility.
If a corporation is sued for selling unsafe products and loses the suit and is held liable who is responsible for the debt?
the shareholders
