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1. For an agency agreement to be binding between the principal and agent, what is required and what is the effect if a required element

1. For an agency agreement to be binding between the principal and agent, what is required and what is the effect if a required element is not met?

2. Discuss the role of the Partnership Act as it relates to people carrying on joint business activities.

3. Explain under what circumstances an agent can be liable for his conduct rather than the principal.

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