Previous Lecture
Rights & Duties of an Agent
Principal & Agent - 4
Lecture # 18
Personal Liability of Agent
• Contract Expressly Provide
Personal Liability of Agent
• Agent Negotiate on his Own Account
Personal Liability of Agent
• For Concealed Principal
Personal Liability of Agent
• Where Principal Can not be Sued
Personal Liability of Agent
• Exceed Authority
Personal Liability of Agent
• Payment made by Fraud
Personal Liability of Agent
• Custom Make Agent Liable
Termination of Agency
• Performance
Termination of Agency
• Agreement
Termination of Agency
• Death of Either Party
Termination of Agency
• Insanity of Either Party
Termination of Agency
• Insolvency of Principal or in some cases
Agent
Termination of Agency
• Dissolution if either party is a Company
Termination of Agency
• Destruction of Subject Matter
Termination of Agency
• Rejection by Agent
Termination of Agency
• Relocation/ Transfer by Principal
Next Lecture
Arbitration - 1