Opinion ID: 600386
Heading Depth: 3
Heading Rank: 2

Heading: Lippert as Intercat's Agent

Text: 17 As we have noted, Velten alternatively alleged that the oral agreement giving him a one-third ownership interest was made by Lippert as Intercat's agent. This theory does not, however, change the parol evidence analysis discussed above. Velten is permitted to introduce evidence showing that Lippert, when he made the oral agreement, was actually acting as Intercat's agent. Looman Realty Corp. v. The Broad Street National Bank of Trenton, 32 N.J. 461, 161 A.2d 247, 253 (1960). If Lippert were acting as Intercat's agent, Intercat would necessarily be Lippert's principal and a party to the oral agreement. See id. at 255-56. As discussed above, if Intercat was a party to the oral agreement, the written consulting agreement between Intercat and Velten prevents proof of the oral agreement.