5 Questions
According to the text, which of the following is true about the creation of an agency?
Agency can be created by express appointment or implied appointment
In the context of agency, who can appoint an agent according to the text?
A person of sound mind and a major
Which statement about agents who are minors or of unsound mind is supported by the text?
They can act as agents but won't be responsible or liable for their acts to the principal
What did the case of P. Krishna Bhatta V. Mundila Ganapathi Bhatta establish about agents?
It distinguished representative character and derivative authority as features of an agent
What is the role of consideration in creating an agency according to the text?
Consideration is not necessary to create an agency, but can be in the form of commission
Test your understanding of agency and contracts with this quiz. Learn about the definition of an agent and the requirements for a principal to appoint an agent. This quiz covers key legal concepts related to agent-principal relationships.
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