Agency is the relationship in which one person (the agent) is employed to act on behalf of, andrepresent, another (the principal) in dealings with third parties, so that the agent's authorized acts bind the principal as if done by him. The maxim runs: qui facit per alium facitper se — he who acts through another acts himself (name only). In Nepal, the Muluki Civil Code2074, Part 5, Chapter 10 (Contracts of Agency) governs (chapter verified from the Code's official table of contents), continuing the Contract Act 2056's line.Agency vs. independent contractor: the agent represents and binds (authority); the contractor works to a result without representing (no power to bind). The control test separates them — the agent is subject to the principal's direction as to the act's manner; the contractor is not.
Discuss (b) Agency coupled with interest
यो उत्तर युनिट 4 मा छ — सुरुवात निःशुल्क, पूरा उत्तर प्याकेजमा।
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यहीँबाट पूरा उत्तर
यो उत्तर Agency is the relationship in which… … बाट अगाडि बाँकी छ। प्याकेज सक्रिय गरेपछि यही पेजमै पूरा पढ्न पाइन्छ — PDF छैन, अनलाइनमा मात्र।
- रु. ३०० · ३० दिन · एउटा प्याकेज
- हरेक विषयको पहिलो युनिट निःशुल्क
- फोनमै पढ्ने, बुकमार्क राख्ने
पहिले निःशुल्क युनिट पढेर हेर्नुहोस् — नहेरी किन्नु पर्दैन।
यही युनिटका अरू उत्तर
- 4.1 Meaning of Agent and Agency
- What are its essential features?
- How does an agent differ from an independent contractor?
- Discuss the modes of creating agency, with ratification's requirements and effects.
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