• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

June 2025 ACCA Exam Results

Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2025 exams.
Get your discount code >>

Law of agency

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Law of agency

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • August 21, 2017 at 5:25 pm #402805
    accaed
    Member
    • Topics: 23
    • Replies: 0
    • ☆

    In one of the questions in an OpenTuition mock, it asks when an agent will NOT be liable for a contract and the answer is:

    “acts on his own behalf but DOES identify that he is an agent”.

    In the notes “where agent is acting on his own behalf, even though claiming to act on behalf of the principal” is an instance where the agent may be liable.

    Which is right?

    August 21, 2017 at 7:20 pm #402819
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    I had trouble finding the appropriate wording for this.

    Where an agent acts on his own behalf but tells the third party that he is an agent acting as such, the principal will be liable

    But then the principal will chase the agent to recover any money that the principal has had to pay out

    So, ultimately, the agent will be liable.

    But in the initial action by the third party, that action will be taken against the principal

    Is that better?

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘Law of agency’ is closed to new replies.

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • kingkong on Accounting for Management – ACCA Management Accounting (MA)
  • Ken Garrett on Strategy : real life examples – ACCA Strategic Business Leader (SBL)
  • RitikaR29 on Financial management objectives – ACCA Financial Management (FM)
  • Krishadarwin on Strategy : real life examples – ACCA Strategic Business Leader (SBL)
  • mabdullah31 on Conceptual Framework – ACCA SBR lecture

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in