4.9 Both Principal and Agent Sued-No Issue as to Agency or Authority is a legal term referring to a situation in which a principal and an agent have both been sued, but there is no dispute as to the existence of the agency or the authority of the agent to act on behalf of the principal. This can happen when a third party sues both the principal and the agent for the same action, but does not dispute that the agent was acting on behalf of the principal. This type of situation can also occur when the principal and the agent are sued by different parties, but again, there is no dispute as to the agency or the authority of the agent. In such cases, the principal and the agent may be held jointly and severally liable.
4.9 Both Principal and Agent Sued-No Issue as to Agency or Authority is a legal term referring to a situation in which a principal and an agent have both been sued, but there is no dispute as to the existence of the agency or the authority of the agent to act on behalf of the principal. This can happen when a third party sues both the principal and the agent for the same action, but does not dispute that the agent was acting on behalf of the principal. This type of situation can also occur when the principal and the agent are sued by different parties, but again, there is no dispute as to the agency or the authority of the agent. In such cases, the principal and the agent may be held jointly and severally liable.