Nature of Agency

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What is necessary for the creation of an agency according to Article 1868?

Manifestation of consent between the principal and the agent

How does the agent become the principal by legal fiction?

In acting for the principal, the agent becomes the principal authorized to perform acts on behalf of the principal

Is contractual consideration necessary for the creation of an agency?

No, consideration is not necessary; the relationship may be created by operation of law

What is the significance of manifestation of consent between the principal and the agent?

It signifies the intention of both parties to create an agency relationship

What is required for the manifestation of consent in the creation of an agency?

The principal must intend that the agent shall act for him, and the agent must intend to accept the authority and act on it

How must the intention of the parties find expression in the creation of an agency?

In words or conduct between them

What is necessary for the agent to accept the authority in the creation of an agency?

The agent must intend to accept the authority and act on it

Test your knowledge of the Nature of Agency according to Article 1868 through this quiz. Explore concepts such as manifestation of consent and the legal fiction of the agent becoming the principal.

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