Necessity - law of agency and partnership, Business Law and Ethics

Necessity - Law of Agency and Partnership

Therefore an agency of necessity may subsist either domestic or commercial:

Commercial Agency of Necessity:

Although at common law a person that who is entrusted with "perishable"  is such goods of another is entitled so then in certain state of affairs, for as certain things about relation to the goods as whether he had been expressly authorised to do for so through the owner.  So thus will be so whether: like;

(a) Further genuine emergency arises and well like the goods are in danger of the perishing or being destroyed absolutely unless the contemplated action is engaged.

(b) Impossible for communicate with the owner of the goods .

(c) Good faith

Posted Date: 1/22/2013 5:09:45 AM | Location : United States







Related Discussions:- Necessity - law of agency and partnership, Assignment Help, Ask Question on Necessity - law of agency and partnership, Get Answer, Expert's Help, Necessity - law of agency and partnership Discussions

Write discussion on Necessity - law of agency and partnership
Your posts are moderated
Related Questions
CASUAL VACANCIES: By S.159 (6) "The directors may fill any casual vacancy in th office of auditor, so further any there such vacancy maintaining the surviving or continuing au

Valid But Irregular Allotments: An allotment of shares is valid but irregular under S.52 (3) if it was made before the time of the opening of the subscription lists. The secti

Determine the term - Fixed Exchange Rates With a fixed exchange rate adjustment toward long run equilibrium occurs via monetary effects. This effect is shown in Figure 9.1. At

Contracts illegal at the common law However a contract which is prohibited through the common law is frequently described as being as "contrary to public policy" as i.e. the c

District Magistrate's Court - Criminal Jurisdiction However Statute Law like as Miscellaneous Amendments Act 1983 amended the criminal jurisdiction of district magistrate's co

Issue of additional preference shares: In the Bristol Aeroplane Case it was said of the issue of additional preference shares that:                    "the existing prefere

Balance sheet: S.148(2) utilize the directors to prepare and lay before the company in simple meeting a balance sheet as at the date to such that the profit and loss account,

State the world rate of interest We have assumed that the world rate of interest only falls to equal R 2 . At point B, therefore, the domestic rate of interest is below the wo

JURISDICTION  According to Peter Stephen Du Ponceau, an international lawyer from Philadelphia, Jurisdiction, in its most general sense means; "The power to make, declare, o

Usual procedure - shares of the minority: Hence the usual procedure is: (a)     first to dispose of possible objections by creditors by paying their debts or providing secu