- 20 Marks
BCL – L1 – Q37 – Agency
Describe types of agency relationships, ways to terminate them, and agent rights.
Question
AGENCY RELATIONSHIP
The primary purpose of agency relationships is to bring the principal and third party into contractual relations. Thus, the underlying principle of agency is the power of an agent to alter his principal’s legal relations with third parties.
Required:
(a) Describe TWO (2) types of agency relationship.
(b) Explain FOUR (4) ways in which agency relationships can be terminated.
(c) State TWO (2) rights of an Agent.
Find Related Questions by Tags, levels, etc.
- Tags: Agency, Agency Relationship, Agent Rights, Contract Law, Termination
- Level: Level 1
- Topic: Agency
Report an error
