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LAW OF AGENCY - Coggle Diagram

- - - - Keighley Maxted & Co V. Durant
      - S.R.M. Meyappa Chettiar v Lim Lian Ko
      - Kalner v Baxter
    - - Act must unauthorized by the principal
      - Agent expressly act as ans agent for the principal (not allow third party think that he is principal)
      - Unlawful acts must be legal
      - When the contract is made, the agent's principal must exist or be ascertainable
      - At contract formation and ratification, the principal must have contractual capacity
      - Principal have full knowledge of all materials facts (Section 151 CA 1950)
      - The ratification must made within a reasonable time
      - The principal must ratify the whole act or contract
      - The ratification must not harm a third party's rights or interests (Section 153 CA 1950)
    - - Individual misrepresents himself as agent / acting outside the scope of the authority
      - It was authorized by principal
  - - - Great Northern Railway Co v Swaffield
        Held: The railroad was a necessity agency and could collect horse feed costs.
    - - Agent acted in good faith
      - Impossible to get principal's instructions
      - The agent's activity prevents principal loss
  - - - A principal fakes an agency's existence
      - The other party believes the agency can contract
      - The principal is obligated by the contract and cannot disclaim the agency relationship
- - - - a party who employs another person to act on his or her behalf
    - - a party who agrees to act on behalf of another