Obligations of Agent Flashcards
1
Q
1884
A
To Carry Out
2
Q
1888
A
To NOT Carry Out
3
Q
1885
A
Decline Agency
4
Q
1886
A
Advance Funds
5
Q
1887
A
Instructions
6
Q
1889
A
Conflict of Interest
7
Q
1890
A
Borrowing & Loaning
8
Q
1891
A
Render Accounts & Deliver
9
Q
1892
A
Subagent
10
Q
1893
A
Sue Subagent
11
Q
1894
A
Solidarity assumed
12
Q
1895
A
Solidary responsibility for nonfulfillment OR fault or Negligence
13
Q
1896
A
Interest on sums
14
Q
1897
A
Agent bound when (1) exceeds limits without notice to parties (2) express
15
Q
1898
A
Void if 3rd party knew, Agent liable if he undertook to secure ratification
16
Q
1899
A
3rd party defense : ignorance
17
Q
1900
A
Instrument relied on
18
Q
1901
A
3rd party defense : willingness to ratify
19
Q
1902
A
Secret Instructions
20
Q
1903-1908
A
Commission Agent