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Employer - Employee Law - Revised

Learn more about the law of agency and the relationship between principal and agency with this business course.

Law
Free Course
This free online employee law course focuses on the law of agency. The law of agency is a very important concept in commercial law as it deals with contractual, quasi-contractual, and non-contractual relationships. With this course, you will learn that the law of agency involves a person, called the agent, who can act on behalf of another person, called the principal, to form a legal relationship with third parties.

Description

Modules

Outcome

Certification

View course modules

Description

This law of agency course will first introduce you to the relationship between the agent and principal. You will learn that the principal gives authority to the agent to act on their behalf. You will study the three types of authority a principal can give to an agent which are the actual authority, the apparent authority, and the ratified authority. You will also learn about agent obligations to a principal and the limits of agent authority.

You will then study the types of agency authority and learn the difference between apparent authority and actual authority. You will learn why a principal may need to pay for agency decisions even when there are no actual agency decisions. This course will also discuss how to save a failed agency delegation. You will also look into agent obligations and the limits of agent authority and also study corporate agency and partnership agency.

By the end of this course, you will have learned about incorporation requirements, costs, taxation, and liability. You will have studied the agency for a partnership and the duties of the board of directors and officers. You will also learn the consequences if board members do not do their job. Check out the course and enhance your knowledge of the laws behind businesses and corporations.

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Learning Outcomes

Having completed this course you will be able to:


  • Describe the meaning of the law of agency
  • List the different types of authority a principal can give to an agent. Recount the agents obligations to a principal
  • Outline the roles of the shareholders, board of directors and officers in a corporation
  • Define the terms 'due diligence', 'fiduciary duty' and 'scope of authority'
  • Detail the concept of 'partnership agency'

Certification

All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire official Certification, which is a great way to share your achievement with the world. Your Alison Certification is:

Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning

Alison offers 3 types of Certification for completed Certificate courses:

Digital Certificate - a downloadable Certificate in PDF format, immediately available to you when you complete your purchase
Certificate - a physical version of your officially branded and security-marked Certificate, posted to you with FREE shipping
Framed Certificate - a physical version of your officially branded and security-marked Certificate in a stylish frame, posted to you with FREE shipping

All Certification is available to purchase through the Alison Shop. For more information on purchasing Alison Certification, please visit our faqs. If you decide not to purchase your Alison Certification, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certification pricing, please visit our Pricing Page.

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