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Questions and Answers
What is necessary for the creation of an agency according to Article 1868?
What is necessary for the creation of an agency according to Article 1868?
- Performance of acts gratuitously
- Presence of contractual consideration
- Agent becoming principal by legal fiction
- Manifestation of consent between the principal and the agent (correct)
How does the agent become the principal by legal fiction?
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 (correct)
- By receiving contractual consideration for the acts performed
- Through gratuitous performance of acts
- By manifestation of unilateral consent
Is contractual consideration necessary for the creation of an agency?
Is contractual consideration necessary for the creation of an agency?
- Yes, contractual consideration is essential for the creation of an agency
- No, consideration is not necessary; the relationship may be created by operation of law (correct)
- Consideration is necessary only if the principal is acting gratuitously
- Consideration is necessary only if the agent is acting gratuitously
What is the significance of manifestation of consent between the principal and the agent?
What is the significance of manifestation of consent between the principal and the agent?
What is required for the manifestation of consent in the creation of an agency?
What is required for the manifestation of consent in the creation of an agency?
How must the intention of the parties find expression in the creation of an agency?
How must the intention of the parties find expression in the creation of an agency?
What is necessary for the agent to accept the authority in the creation of an agency?
What is necessary for the agent to accept the authority in the creation of an agency?