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Questions and Answers
Which of the following is a way that may arise an agency according to the Contract Act 1950?
Which of the following is a way that may arise an agency according to the Contract Act 1950?
- By express appointment by the principal (correct)
- By informal appointment by the principal
- By indirect appointment by the principal
- By accidental appointment by the principal
In what ways can a contract be made according to section 140 of the Contract Act 1950?
In what ways can a contract be made according to section 140 of the Contract Act 1950?
- Oral or in writing form (correct)
- Through gestures only
- Through email only
- Through telepathy
What is an example of an express appointment by the principal mentioned in the text?
What is an example of an express appointment by the principal mentioned in the text?
- Handshake agreement
- Power of Attorney (correct)
- Informal email exchange
- Verbal agreement
Who is represented by the agent in the law of agency?
Who is represented by the agent in the law of agency?
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What does the law of agency entail?
What does the law of agency entail?
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