TABL1710 Study Guide - Final Guide: Fide, Cgu Plc, Secret Profit

• School: UNSW, UNSW Sydney
• Department: Taxation and Business Law
• Course: TABL1710
• Professor: Helen Cosby

Document Summary

Agency: exception to the rule of doctrine of privity of contract person can be appointed to act on behalf of another. Only if expressly or impliedly directed by employer. Director of posts and telegraphs v abbott (1974) Authority of the agent: ostensible authority arises when third party led to believe either orally or by conduct that they ha(cid:448)e authorit(cid:455) to (cid:272)o(cid:374)tra(cid:272)t o(cid:374) pri(cid:374)(cid:272)ipal(cid:859)s (cid:271)ehalf (cid:449)he(cid:374) a(cid:272)tuall(cid:455) (cid:374)ot the (cid:272)ase summers v. & co v laws (1888: words/conduct of principal, custom/trade usage, situations where principal has appointed agent to perform task that implies certain amount of authority, whether position creates impression of authority. John mccann & co v pow (1975) exception = render agent the delegate if principal expressly/impliedly sanctions for it, where delegation arises necessarily or (cid:449)here age(cid:374)t(cid:859)s duties are purel(cid:455) ad(cid:373)i(cid:374)istrati(cid:448)e. Agent charges fee for their services; mitor investments. Pty ltd v general accident fire & life assurance corp (1984)