Contract of Agency Quiz

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What is a 'Contract of Agency'?

A 'Contract of Agency' occurs when a person employs another person to act on his behalf or represent him in dealings with third parties.

Who is referred to as the 'principal' in a Contract of Agency?

The person who is represented by the agent is called the 'principal'.

What is the duty of the agent in a Contract of Agency?

The duty of the agent is to enter into legal relations on behalf of the principal with third parties.

Does the agent become a party to the contract or incur any liability under the contract in a Contract of Agency?

No, the agent does not become a party to the contract nor does he incur any liability under that contract. Signup and view all the answers

Who is responsible for the acts of the agent in a Contract of Agency?

The principal is responsible for all the acts of his agent, provided they are not outside the scope of his authority. Signup and view all the answers

What are the three key categories of citizenship?

Legal, political, and social. Signup and view all the answers

How is legal citizenship acquired?

Legal citizenship is typically acquired through birth within the country's territory (jus soli) or descent from citizens (jus sanguinis). Signup and view all the answers

What rights do legal citizens often enjoy?

Legal citizens often enjoy rights such as freedom of speech, the right to vote, and access to public services. Signup and view all the answers

What obligations do legal citizens have?

Legal citizens have the obligation to obey the country's laws. Signup and view all the answers

What is the core concept of citizenship?

At its core, citizenship refers to an individual's membership in a specific nation-state or political community, entailing a range of rights, responsibilities, and identity markers. Signup and view all the answers

Contract of Agency

A contract where one person (agent) acts on another's (principal's) behalf in dealings with third parties.

Principal in Agency

The person who is represented or employs the agent in a Contract of Agency.

Agent's Duty

The agent's responsibility in a Contract of Agency is to form legal agreements on behalf of the principal with third parties.