Asked by
sandeep sidhu
on Nov 30, 2024
Verified
The result of an agent's functioning is exactly the same as if the principal had dealt directly with the third person.
Principal Had Dealt
A legal principle indicating acts or decisions made by an agent are legally binding on the principle if the agent acts within their authority.
Agent's Functioning
The actions carried out by an agent on behalf of a principal in the course of their agency relationship.
- Know the effects and implications of agents' actions on behalf of principals, including the continuity of principals' obligations.
Verified Answer
AL
Learning Objectives
- Know the effects and implications of agents' actions on behalf of principals, including the continuity of principals' obligations.