An agency by estoppel arises from the action of which of the following parties? A The principal only B The agent only C Both the principal and the agent
1. The answer is C. – In the examiner’s report it says: “The correct answer is option C, as the agent has to undertake some action and the principal has to approve or allow that action.”
– What will happen when the principal holds out a person to be their agent but the agent has not yet undertake some action?
Then there’s no liability! No liability falls on the principal until the agent commits some action apparently on behalf of the principal
It’s like asking me if I am liable for driving my car recklessly … when I don’t even drive a car
!
OK?
Author
Posts
Viewing 2 posts - 1 through 2 (of 2 total)
The topic ‘agency law’ is closed to new replies.
Cookies
We serve cookies. If you think that's ok, just click "Accept all". You can also choose what kind of cookies you want by clicking "Settings". Read our cookie policy