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Explain four duties of an agent towards his principal

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Reference no: EM133610158

Questions:

1) Explain FOUR (4) duties of an agent towards his principal.

2) Explain TWO (2) ways on how an agency can be created.

3) An agency relationship may be created by ratification. With reference to the Contract Act 1950 and decided cases, explain how such an agency can be formed and what are the conditions that must be fulfilled for such an agency to arise.

4) Discuss TWO (2) duties of a principal towards his agent.

Reference no: EM133610158

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