Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Zorro instructed his agent, Robin to sell his piece of land in Banting. Robin managed to find a potential buyer and sold it at RM250,000.

Zorro instructed his agent, Robin to sell his piece of land in Banting. Robin managed to find a potential buyer and sold it at RM250,000. However, without Zorro's knowledge, Robin obtained secret profit of RM10,000 from the sales and credit it into his account. When Zorro find out about it, he was unsatisfied with the matter and demanded the amount of RM10,000 from Robin. Robin refused to tender the secret profit and claimed that he gets the profit out of his own effort. Discuss whether Zorro is entitled to claim the secret profit and suggest the most suitable method to end their agency relationship. Support your answer with the provisions in Contract Act 1950 and decided cases (if any).

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

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

Land Law

Authors: Mark Davys

11th Edition

1352005190, 978-1352005196

More Books

Students also viewed these Law questions

Question

The relevance of the information to the interpreter

Answered: 1 week ago

Question

The background knowledge of the interpreter

Answered: 1 week ago