AGENCY LAW

Phil represented Kolin in a real estate transaction when Kolin sold his house to Markita. Who is the principal in this scenario?

• Phil

• Fred

• Kolin

• Markita

Eduardo asked Luna to sell his car while he was away on a luxury cruise to Mexico. When Luna agreed to become Eduardo’s agent, she had the power to legally bind Eduardo to a sales contract. They had a voluntary consensual relationship. Luna did not receive payment for the service. What term identifies Eduardo?

• Agency

• Agent

• Principal

• Special

What is the law governs law of agency in Malaysia?

• Agency Act 1961

• Sale of goods act 1957

• Contracts Act 1950

• Agency Act 1950

The agreement created between principal and agent is _____

• Contract of employment

• contract of service

• contract of agency

• contract of necessity

'A person, by his words/conducts, allows a 3^rd party to believe that B is his agent even when B is not, and the 3^rd party relies on it to his detriment, that person will be estopped/precluded from denying the existence of B’s authority.'

A is agent by ______________

• necessity

• ratification

• holding out

• estoppel

_____________ is an authority conferred expressly upon the agent either by oral or written agreement.

• express authority

• apparent authority

• secret authority

• special authority

Who can be a principal as accordance to Section 136 of Contracts Act 1950?

• minor and soundmind

• adult and soundmind

• minor and unsoundmind

• adult and unsoundming

A husband can rebut the presumption of the implied authority between his wife under these circumstances EXCEPT

• He had expressly warned his wife from pledging his credit

• He had expressly warned the supplier or tradesman not to supply his wife with goods on credit

• His wife was sufficiently provided with the goods of the kind in question

• His wife was given not sufficient allowance for the purpose of buying goods without having to pledge her husband’s credit

Can a minor becomes an agent?

• Yes because a minor can enter into a contract

• No because he still a minor

• Yes. A minor will be responsible for his act

• Yes. A minor will not be responsible for his act

In which of the following circumstances, an agency by necessity may be created?

• when an agent signed an estoppel agreement

• when a person who is with authority act as an agent

• when an agent breaches the agreement with the principal

• when it is impossible for the agent to get the principal’s instruction