BUS370 REGENT Chapter 19 Agencies And The Principal-agent Relationship

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BUS370 REGENT Chapter 19 Agencies And The Principal-agent Relationship

Utilizing the concepts from Chapter 19, analyze the following scenario: Buyer submits the winning bid on an auction website for a handmade quilt produced by Ms. A, but taken on consignment by Mr. B, who passed the right of sale on to Ms. C who created an online advertisement/webpage. The quilt was shipped from Mr. B’s location. The buyer, upon receipt of the quilt finds that the item is not of the quality represented in the online advertisement. Post a message that explains, from your perspective, what the buyer should do applying the principles of agency law.

Cite a minimum of two (2) scholarly peer reviewed sources (beyond your textbook or the Bible) applying APA guidelines (250-450 word count range).

  1. Liuzzo, A. L., & Hughes, R. C. (2019). Essentials of Business Law (10th ed.). New York, NY: McGraw Hill Education:
    1. Chapter 19, Agency;
    2. Chapter 20, Business Organizations;
    3. Chapter 21, Bankruptcy;
    4. Chapter 32, Employer-Employee Relationship;
    5. Chapter 33, Employment Law; and
  2. Deuteronomy 24:14-15 (Biblical Employment).