Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

National laws in the EU recognise the EU Council Directive: Commercial Agents (Council Directive} Regulations 1993 (as amended} which applies to independent commercial agents who

image text in transcribedimage text in transcribed
National laws in the EU recognise the EU Council Directive: Commercial Agents (Council Directive} Regulations 1993 (as amended} which applies to independent commercial agents who have a continuing authority to negotiate the sale or purchase of goods. Post Brexit the EU directive remains part of the law of England; Wales; Scotland and Northern Ireland. Which statement below most accurately reects the effect of the EU directive on the Principal and Agent relationship where the the parties have chosen English law as the choice of law in their contract and the contract does not excluded the common law of agency. Select one from the options below: The Commercial Agents (Council Directive) Regulations 1993 (as amended] impose new duties on Principals, in addition to those at common law: to act dutifully and in good faith; to disclose all info available to agent; to pay for reasonable work done; to give minimum notice of termination; entitlement to compensation for early termination. The Commercial Agents (Council Directive) Regulations 1993 (as amended} impose new duties on Agents; in addition to those at common law: to act dutifully and in good faith; to disclose all info available to agent; to pay for reasonable work done; to give minimum notice of termination; entitlement to compensation for early termination The Commercial Agents (Council Directive) Regulations 1993 (as amended] impose new duties on Principals and Agents; in addition to those at common law: to act dutifully and in good faith; to disclose all info available to agent; to pay for reasonable work done; to give minimum notice of termination; entitlement to compensation for early termination. The Commercial Agents (Council Directive) Regulations 1993 (as amended} impose new duties on Principals: to act dutifully and in good faith; to disclose all info available to agent; to pay for reasonable work done; to give minimum notice of termination; entitlement to compensation for early termination If\" Long before customary trade practice increased its use of contract law to create written agencyr and distribution agreements to regulate each parties rights, obligations and liabilities among themselves in contract law; the common law recognised {and continues to recognise) various types of agencies with ditterent risks and reward allocations among the parties. Which of the following specialist agents recognised at common law exposes the Agent directly to the credit risk of the Principal's buyer's inability to pay. Select one from the following options: D Auctioneer agent. D Mercantile agent. D Factor agent. D Commission agent

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

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

Environmental Regulation Law Science And Policy

Authors: Robert V. Percival, Christopher H. Schroeder, Alan S. Miller, James P. Leape

9th Edition

1543826164, 978-1543826166

More Books

Students also viewed these Law questions

Question

What are the primary purposes of Internet advertising?

Answered: 1 week ago

Question

Please help me evaluate this integral. 8 2 2 v - v

Answered: 1 week ago