Agency

This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.

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October 28, 2017 at 3:09 am #413463
graygunners
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1.I don’t understand why the agent is not liable when he acts on his own but does identify himself as an agent, I thought the principal has no idea that the agent is acting on his own..? Or is it the same as the principal not giving notice to the third party about the removal of the agent..?
October 28, 2017 at 7:05 am #413467
MikeLittle
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If he says he’s an agent, the liability is on the principal.

BUT the principal is consequently able to sue the agent for the recovery of any loss

OK?
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