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Representations creating ostensible authority

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Representations creating ostensible authority

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by MikeLittle.
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  • December 22, 2017 at 2:14 pm #424466
    iyamu
    Participant
    • Topics: 286
    • Replies: 171
    • ☆☆☆

    I read on BPP text that the representation must be made by the principal or an agent acting on their behalf. It cannot be made by the agent who is claiming ostensible authority .

    Sir, are these sentences not contradicting ?

    Is it not better said that only the principal can make this representation to the third party?

    Please, can you clarify me on this better ? Maybe I do not get it right but it seems confusing .

    December 22, 2017 at 4:44 pm #424478
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    An agent, acting apparently on behalf of a principal, is able to make a representation

    However, such a representation is not itself a contract (because a representation is a pre-contractual statement made of some known or discernible fact)

    OK?

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  • The topic ‘Representations creating ostensible authority’ is closed to new replies.

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