Law Of Agency Flashcards
Authority of agent
Actual authority = express authority
Fernando vs. Appuhami
Attorney only allowed the defendant to manage the timber business and not sell the property
Authority of agent
Express
Imoliied
Apparent
Apparentl authority
Agent has no real authority
Panarima vs furnishing fabrics
Jaguars used fir personal use
Duties of an agent
1 agent just follow principal instructions
Armstrong vs godfrey
Lay the difference price of the share market
Agents duty
2. Duty to exercise reasonable diligence
Keppler and wheeler
Get the higher offer liable to pay for the difference
Duties if an agent
4 must act hn person and not delegate his duties
Mc cann bs Co pow
Flat and giving tons subcontractor without permission
Duties of an agent
4 act in the principals interest
Phereson vs Watt app case
True purchaser was the solicitor
Got the sale set aside
Duty if the agent
5 not to reveal confidential information
6 maintain account’s
Duties if a principal to a agent
Remuneration
Jndemnity6
Agents right to lien
Doctrine of undisclosed principle
Collen vs Wright
The agent can be sued by third party for untrue representation
Termination of agency
1 operation by law
Agreement between the principal and agent
Breach if duties
Mutual
Agent completely performing the duties
Revocation