Notes on the Law of Agency, Including Principal and Agent and Master and Servant (Classic Reprint) - Hardcover
Synopsis
Understand who speaks for whom in business and law, and when a promise sticks.
The book introduces the modern idea of agency. It explains how a principal and an agent relate, and what that means for contracts and credit. You’ll see how authority works in everyday cases and in complex commercial settings, without heavy legal jargon.
Clear, practical guidance covers how ostensible authority is formed, when a wife or household manager can pledge a credit, and what happens when authority ends. It also explains how disputes are resolved when parties dispute whether an agency exists, and how estoppel can affect liability.- Definitions of agent and servant, and how agency fits into contract law.
- How authority is created, including ostensible authority and common-sense limits.
- Rules for termination of agency, revocation, and the impact of renunciation.
- Estoppel, ratification, and the handling of implied authority in complex scenarios.
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