Legal Question in Business Law in Florida

Agency and the Principle

What, if ever, are agents personally liable on contracts they have entered into while acting as agents?


Asked on 6/10/02, 2:08 pm

2 Answers from Attorneys

David Slater David P. Slater, Esq.

Re: Agency and the Principle

When the agent acts outside his authority or fails to disclose he is merely acting as agent

Read more
Answered on 6/10/02, 2:12 pm
Peter Gonzalez Sanchez-Medina, Gonzalez, Quesada, Lage, Crespo, Gomez & MachadoLLP

Re: Agency and the Principle

An agent of a corporation or other entity is generally not personally liable under any agreements signed in the agent's capacity as agent to the entity. However, if the agent executes an agreement outside the scope of the agent's authority in his/her capacity as agent, disregards corporate formalities and treats the entity as his/her alter ego, the agent may open himself/herself up to personal liability exposure.

If you have been sued personally for an act you believe was performed only as an agent of an entity or other person, seek the advice and representation of an attorney to defend you as soon as possible. Good luck.

Read more
Answered on 6/10/02, 2:12 pm


Related Questions & Answers

More Business Law questions and answers in Florida