Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 28, 2010 erstellt
Beschreibung:
The analysis in this Article also has implications for other fields of law. “Straightforward extensions of the analysis directly illuminate the economic consequences of vicarious liability for such agent wrongs as acts of participation in antitrust conspiracies, misrepresentations under the federal securities laws, and infringement of copyright.” And because an entrepreneur who incorporates and thereafter manages his business acts as his own agent for many purposes, the analysis in this Article relates closely to the rules for "piercing the corporate veil" in close corporation. The reader can no doubt imagine other applications. Indeed, whatever the field of law, the economic consequences of vicarious liability turn largely on the same considerations-the ability of agents to pay judgments against them and the magnitude and significance of the transaction costs of contractual risk allocation. Careful attention to these issues can guide the choice of intra-enterprise liability rules for a vast array of legal disputes