Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Business & Trade Law : How to answer using ILAC method (Issue,Law,Apply,Conclusion) QUESTION 3 Audrey had to go to United Kingdom for a year for

Business & Trade Law : How to answer using ILAC method (Issue,Law,Apply,Conclusion)

image text in transcribed
QUESTION 3 Audrey had to go to United Kingdom for a year for work purposes. She has appointed Joe as her agent. Audrey instructed Joe to sell her two laptops for a price of not. less than RM2,000 each, for an agreed commission of 10%. Joe purchased one for himself without disclosing it to Audrey and paid Audrey RMZOO. Joe then sold the other to Danny for RM3,000 but only paid to Audrey Rh,000 stating that this was the selling price. 011 the same day. Kent has been instructed by Audrey to buy a new desktop for a price not exceeding RM4,000. Kent then ordered a desktop from One Tech Shop in his own name for a price of RM5,000 since that was the lowest price in the market. When One Tech Shop delivered the desktop, Audrey accepted it even though the price exceeded the amount she had authorised. When One Tech Shop demanded a payment, unfortunately Audrey refused to pay on the ground that the said price was too expensive and in fact it was bought by Kent himself. a) Advise Audrey as to whether Inc had breached any agent's duty to the Principal. (15 marks) b) Explain as to whether Audrey is bound by any agency contract with Kent. (10 marks) [Totnlz 25 marks]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics

Authors: Douglas Bernheim, Michael Whinston

2nd edition

73375853, 978-0073375854

Students also viewed these Law questions