LAW 603 Study Guide - Final Guide: The Negotiation, Sual Group, It Is The Law
24 Jun 2011
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H omeoffice: (416)423-9140 (call office during m ondays to fridays, 10 am 7 pm ) Risk management issue; as principal what if agent gets them into contract that they don"t. About efficiency in business; can"t meet all third party, etc. Most efficient way to ensure that people can use agents as intermediates without. Principal (appoints) -> agent -> (negotiates on behalf of principal) third party. Third party cannot sue agent if something goes wrong. Third party doesn"t care if agent returns, but they want the principal to come back and if. Agent acting on behalf of the principal"s interest. Common law and statutory law bind this contract formation (human act, employment act, If agent is a lawyer or real estate agent, there is another legislation, there are. How to set up agency agreement: express agreement. (scope of authority actual authority: there are set boundaries what www. notesolution. com.
