LAW OF AGENCY: NOT TO LET HIS INTEREST CONLIFCT WITH DUTY Flashcards

1
Q

What must an agent do?

A
  • An agent cannot allow his personal interest to conflict with his duty, must act in benefit of the principal.
  • An agent cannot act for both parties without consent of both parties.
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2
Q

What example is under section 168?

A
  • An agent, who is employed to buy shares, cannot sell his own shares to the principal without his knowledge and consent.
  • The principal can repudiate the contract even though the agent sold it at market price.
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3
Q

What is the case for this?

A
  1. Wong Mun Wai v Wong Tham Fatt and Anor.
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3
Q

What happened in Wong Mun Wai v Wong Tham Fatt and Anor?

A
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