Question
Who is liable (the principal or the agent) for a contract formed by an agent depends upon to what extent the agency is disclosed.The Principal
Who is liable (the principal or the agent) for a contract formed by an agent depends upon to what extent the agency is disclosed.The Principal is fully and solely liable for contracts formed by fully-disclosed agents.However, the agent is fully liable for contracts formed through an undisclosed agency.Why would the level of disclosure have any impact on the agent's liability?
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Equity And Trusts Text Cases And Materials
Authors: Paul S. Davies, Graham Virgo
3rd Edition
0198821832, 978-0198821830
