July 2011
Intermediate to advanced
224 pages
6h 56m
English
Content preview from Business Regulatory Framework
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14
Agency
CHAPTER OBJECTIVES
After carefully reading this chapter, you will be able:
- To understand the Concept of Agency and the various types of agents.
- To describe the various ways of creating an agency.
- To get a clear idea about, who can be an agent and who can appoint an agent.
- To explain, what happens when an agent exceeds his authority.
- To enumerate, the rights and duties of the agent and the principal.
- To identify the cases, where the agent becomes personally liable.
- To distinguish between a sub-agent and a co-agent.
- To explain the meaning of pretended agent and an agent having a undisclosed principal.
- To identify the various ways of terminating an agency.
MEANING AND DEFINITION
Sometimes, a person is unable to attend to all matters ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.