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Essay's paper info
Topic: Miscellaneous
Number of pages / Number of words: 24 / 6645
Essay's paper body

If the agent acts on behalf of the principal and within the authority they have been given there is a valid contract of sale. The agent must have the authority! If he acts outwith his authority, the agreement is not valid.

Examples: client and solicitor, client and stockbroker, client and estate agent...


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BECOMING AN AGENT

(1) Capacity

A contract of agency is no different to the law of contract and the same principals apply. The capacity of an agent and a principal is determined by the general law of contract: any adult aged 18 or over has full capacity, as does any properly constituted partnership, corporation, limited company etc...


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