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764 PAGE VISITS .In ordinary parlance, “Hire purchase” means agreement entered into to buy some goods and subsequently pay by instalments. The hire purchase system was actually designed to avoid the provision of Section 9 of the Act 1889... Read more
960 PAGE VISITS .Essentially, there are two broad facets of the termination of agency By the act of the parties By Operation of law By acts of the parties themselves Agreement of the parties The most obvious way by... Read more
1,114 PAGE VISITS .Generally, there are six (6) duties that an agent owes the principal DUTY TO PERFORM THE UNDERTAKING: If an agent is employed to perform a particular function, if the fails to do such, he may be... Read more
277 PAGE VISITS .Capacity and Creation of an Agency The general rule is that both principal and agent must be capable as such. In this regard, the ordinary rules of contract apply to the contract of agency. It follows... Read more
199 PAGE VISITS .Law of Agency The employment of agents in commercial transactions has assumed great importance in modern business practice and thus the relationship between a principal and an agent is fundamental in the modern commercial law. According... Read more
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