Agency Law in a Changing Economy

2 credits · Law School

Agency law applies to the legal relationship between principal and agent, such as lawyers, brokers in securities and other markets, officers of corporations and other legal entities, talent and literary agents, auction houses, and more. Agency is a distinct subject within the law, differentiated from general contract and tort law. Topics may include the status of Uber drivers and other actors who perform services via platforms; the duties of commodities brokers, including merchants in financial derivatives products; agency as a vehicle for the imposition of vicarious liability; and the consequences when a principal is undisclosed, unidentified, or undetermined.