Understanding the Concept of Delegation of Authority In business and legal relationships, a principal often appoints an agent to act on their behalf. This relationship […]
Tag: agency law
25. Explain the Rights of Agent against Principal.
Understanding the Concept of Agency The relationship between a principal and an agent forms the backbone of commercial and business transactions. In modern business, it […]
47. Agency by Ratification
Meaning of Agency by Ratification Agency by Ratification arises when a person, known as the agent, acts on behalf of another person (the principal) without […]
42. Termination of Agency.
Meaning and Legal Provisions The concept of Termination of Agency is governed by the Indian Contract Act, 1872 under Sections 201 to 210. An agency […]