Hanson

Hanson . What kind of authority did he have? What were his limitations? Was the principle let on? Is there a question of interpretation? Is the principal bandaged by the agents statements? Tests 1. An agency is a relationship based on an express or implied agreement by which 1 person, the agent, is let to come under the control of or for another, the principle, in negotiating and make contracts with third persons. 2. A general agent is authorized by the P to transact all affairs in connectedness with a particular kind of business/ trade. 3.

The usual method acting of creating an agency is by express authorization, that is a person is appointed to act for, or on behalf of another. **A majority of states, by statute, require the appointment of an agent to be in pen when the agency is created to acquire/dispose of any interest in land 4. An A. has implied incidental authority to perform any act reasonably necessary to execute the express authority prone to the A. *...If you want to get a full essay, order it on our website: Ordercustompaper.com

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