Fordham Journal of Corporate & Financial Law Volume 10 Issue 1 Article 5 2004 Evidentiary Surrogacy and Risk Allocation: Understanding Imputed Knowledge and Notice in Modern Agency Law Marin R. Scordato Follow this and additional works at: https://ir.lawnet.fordham.edu/jcfl Part of the Banking and Finance Law Commons, and the Business Organizations Law Commons Recommended Citation Marin R. Scordato, Evidentiary Surrogacy and Risk Allocation: Understanding Imputed Knowledge and Notice in Modern Agency Law, 10 Fordham J. Corp. & Fin. L. 129 (2004). Available at: https://ir.lawnet.fordham.edu/jcfl/vol10/iss1/5 This Article is brought to you for free and open access by FLASH: The Fordham Law Archive of Scholarship and History. It has been accepted for inclusion in Fordham Journal of Corporate & Financial Law by an authorized editor of FLASH: The Fordham Law Archive of Scholarship and History. For more information, please contact
[email protected]. EVIDENTIARY SURROGACY AND RISK ALLOCATION: UNDERSTANDING IMPUTED KNOWLEDGE AND NOTICE IN MODERN AGENCY LAW Marin R. Scordato* There are powerful benefits available to a principal who enters into an agency relationship. The law allowing authorized agents to act as legal representatives of another permits the person on whose behalf the agent is acting to extend her legal personality beyond its natural limits and to do business on a scale far beyond her personal capacity. The law of agency also makes the world of purely legal persons, such as corporations and governments, possible. Problems with agents acting on behalf of principals, especially corporate principals, have attracted serious and sustained attention in the last few years.