noting that it “is a basic tenet of agency law that an individual acting as an agent for a disclosed principle [sic] is not personally liable on a contract between the principle [sic] and a third party unless the agent specifically agrees to assume liability” and that “[t]he fact that a corporate officer cannot be held personally liable on contracts entered into while acting in his corporate capacity is a particular application of this principle”
How later courts described this case
- noting that it “is a basic tenet of agency law that an individual acting as an agent for a disclosed principle [sic] is not personally liable on a contract between the principle [sic] and a third party unless the agent specifically agrees to assume liability” and that “[t]he fact that a corporate officer cannot be held personally liable on contracts entered into while acting in his corporate capacity is a particular application of this principle”
- “[i]t is a basic tenet of agency law that an individual acting as an agent for a disclosed principle is not personally liable on a contract between the principle and a third party unless the agent specifically agrees to assume liability”
- individual acting as agent for disclosed principal not personally liable on contract between principle and unless agent specifically agrees to assume liability
Written by the judges who cited it.
The opinion
HESTER, Judge,
dissenting:
I respectfully dissent. I would affirm on the opinion of Judge Wesner of the court below.