5 Questions
Which of the following is a way that may arise an agency according to the Contract Act 1950?
By express appointment by the principal
In what ways can a contract be made according to section 140 of the Contract Act 1950?
Oral or in writing form
What is an example of an express appointment by the principal mentioned in the text?
Power of Attorney
Who is represented by the agent in the law of agency?
Principal
What does the law of agency entail?
An agent is authorized to act on behalf of the principal
Test your knowledge of the law of agency with this quiz! Learn about the different ways an agency may arise according to the Contract Act 1950 and understand the roles of the agent and principal in creating legal relationships with third parties.
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