Jump to Content Jump to Main Navigation

Part III Formation of the Contract, 13 Agency

From: Global Sales and Contract Law (2nd Edition)

Ingeborg Schwenzer, Edgardo Muñoz

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 02 June 2023

Apparent authority — Usual authority — Nature of agency — Ratification — Termination of agency — Applicable law

This chapter discusses the authority and liability of agencies. Agents act on behalf of people taking part in modern commercial transactions. The general law of agency is still primarily governed by case law with the exception of India, Pakistan, and Malaysia. Special rules exist for the agency in commercial environments, especially for countries with distinctions between civil law and commercial code. The chapter explains how the law could establish authority and the intent of the principal. It also notes that an agent’s liability is dependent whether it is towards the principal or the third party.

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.