Question
Briefly explain the duties of the agent and remedies the principal is entitled to in each of the following instances according to the Law of
Briefly explain the duties of the agent and remedies the principal is entitled to in each of the following instances according to the Law of Agency: 1. A appointed B as his Lawyer to file legal action to recover a certain sum of Money due from C. B filed a case in the wrong court. As a result, the case failed. 2. X appointed Y as a broker to sell his block of land for Rs.5 million. Y found Z, a buyer, who offered Rs.5.5 million. Y informed Z that the price expected by X was Rs.5 million and received Rs.200, 000/- from Z after the transaction. 3. K bought a super luxury motor car, and appointed L as his insurance agent to insure his car. The agent failed to insure the car as agreed and in the meantime the car was damaged due to an accident. 4. A appointed B as his agent to purchase a boat. B himself purchased the boat and then sold it to A at a profit.
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