📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    ⚡ Month End Offer - Flat 52% Off On All Courses! Enroll Now ⚡
    00:00:00 AM Left

    Question

    Where the agent has himself an interest in the property

    which forms the subject-matter of the agency, the agency______________
    A Can be terminated Correct Answer Incorrect Answer
    B Can be terminated at the discretion of the principal Correct Answer Incorrect Answer
    C Can be terminated at the discretion of the agent Correct Answer Incorrect Answer
    D Cannot, in the absence of an express contract, be terminated to the prejudice of such interest Correct Answer Incorrect Answer
    E Maybe be terminated if the parties mutually agree for that Correct Answer Incorrect Answer

    Solution

    Contract Act  Section 202. Termination of agency, where agent has an interest in subject-matter: Where the agent has himself an interest in the property which forms the subject-matter of the agency, the agency cannot, in the absence of an express contract, be terminated to the prejudice of such interest.

    Practice Next
    More Other Laws and Acts Questions

    Relevant for Exams:

    ask-question