Coversheet 13 coversheet

PowerPoints  13_1 Lecture series notes   and 13_2 Lecture series notes

Student workbook pages (SWB) 13 SWB chapter 13

Chapter Summary Form

Vocabulary Quiz

Chapter 12 & 13 Study Guide 12_13 study guide

Student notes 13 Lecture series notes

Textbook (chapter 13, 14, 15) Textbook Unit 5 chapter 13_14_15

Vocabulary:

• Foldable (13.1 & 13.2)
• Index cards 13 vocabulary cards
• standard (13.1 & 13.2) 13_1 vocabulary and

13.1 What you’ll learn:

• Define agency and explain the nature of an agency relationship
• Explain the difference between an agent and a principal
• Distinguish between an agent and an independent contractor
• List the ways agency relationships are created

You need to know your rights and responsibilities as an agent if you are ever hired to represent someone

13.2 What you’ll learn:

• Identify the different types of agency authority
• Explain the difference between actual and apparent authority
• Distinguish between the different types of agents

If you ever work as an agent, you need to know the extent of your authority and responsibility.