• 1 Marks

BL – May 2014 – L1 – SA – Q7 – Agency Law

Identifying the type of agent with implied authority to sell goods in their possession.

An agent in whose possession goods are put with an implied authority to sell them is a ____________.

Factor Agent

Explanation:
A factor is a type of agent who is entrusted with the possession of goods and has implied authority to sell them on behalf of the principal.

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