ADMS 2610 Lecture Notes - Lecture 9: Apparent Authority, Concurrent Estate, Fiduciary

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Example of express authority: 1- when the principal tells the agent what to do with the 3rd party. For ex: buy me goods. ostensible authority: when 3rd party believes that the agent has more authority to do in the buys and sales but he doesn"t have the authority actually. Parole evidence rule: if principal has rights, he has to get around it to keep it alive. He has the contract which absent the term. The principal can sue the agent for the damages from the contract. Plus sue for the breach of the fiduciary duty. Because he did not move in the best interest of the principal. Province of ontario: 1- land titles 2- registry system. See who lived in it, who died, who sold and bought it. You can dig on it, build on it, do whatever you like. The hallway, the swimming pool, the other suites & so on.

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