The Agency Relationship

1
The Agency Relationship
2
Nichols v. Arthur Murray, Inc.
Arthur Murray School of Dancing
Burkin, Inc. (franchisee)
license
Arthur Murray, Inc. (franchisor)
Nichols (customer)
3
Judy, Kathy and Ray
Kathy Labor Cash
Judy Labor Building Cash
Ray Labor
4
Minute Maid v. United Foods
United Foods
Credit Storage
OJ
U.S. Cold Storage
Special Account
Credits - Debits Allowances, etc. Interest,
etc Parties split the difference
5
Martin v. Peyton
Plaintiff creditors
Peyton (defendant creditors)
KN K
Loan (securities)
Profits control
6
Forming Agency and Partnership

• Consider the role of . . .
• Actual contracts
• Standard form contracts
• Policy considerations