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Law of Agency (Part 2) - Coggle Diagram
Law of Agency (Part 2)
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Authority of an Agent
S. 141 (1) CA: An agent having an authority to do an act has authority to do every lawful thing which is necessary in order to do the act
S. 141 (2) CA: An agent having an authority to carry on a business has authority to do every lawful thing necessary for the purpose, or usually done in the course of conducting such business
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Termination of Agency
A contract of agency can be terminated in two ways:
- By the act of the parties involved.
- By operation of laws