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TOPIC 9 - Coggle Diagram
TOPIC 9
(1) Definition
- Definition of agent and principal -S.135 CA
(2) Effect of agency
a) Creation of a valid contract of agency between an agent and a principle . An agent has a power to act on behalf of the principal
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(4) Creation of agency
- Agency by necessity (agensi secara perlu )
S142 CA - An agent has authority , in an emergency , to do all such acts for the purpose of protecting his principal from loss as would be done by a person of ordinary prudence, in his own case , under similar circumstances . CASES : Great Northern Railway co. v Swaffield (1874) LR 9 Ex 132.
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a) CONDITIONS : i) Impossible to get the principal's instruction. CASES: Springer v G.W.Railway & co
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- Agency by estoppel (agensi secara persekatan)
S.190 CA - When agent has , without authority , done acts or incurred obligations to third persons on behalf of his principal, the principal is bound by those acts or obligations if he has by his words or conduct induced such third persons to believe that those acts and obligations were within the scope of the agent's authority
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