Agent Authority Flashcards

1
Q

General Agency

A

They represent the principal in all matters, or at least majority of them

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2
Q

Specific agency

A

They only have limited authority to act on behalf of the principal

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3
Q

Morrison v Stater

A

General agency means all

Specific means only that one part if outside that then they are liable

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4
Q

Ireland v Livingston

A

If what is said by the principal is ambiguous then can’t be held liable

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5
Q

Black v Corneluis

A

Can delegate some tasks if within bounds of normal trade

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6
Q

Sinclair v Wallace

A

Can’t borrow money on behalf of principal even if general agent

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7
Q

Acting without authority?

A

Then principal could potentially ratify the deal if it is a good one but;
Needs to be done timely
Express or implied from contract
Effective as at the date of the agents act
Only valid when principal is named or at least made identifiable

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