Welcome<br />
GYPSY<br />
001<br />S. M. MehediHasan<br />009<br />MizanurRahman<br />023<br />Abdullah all Masum<br />036<br />Irin Sultana <br />S...
Law of Agency <br />
We will cover ….. <br />1<br />2<br />3<br />4<br />5<br />6<br />7<br />
Agent<br />
The person for whom such act is done or who is so represented is called the principal.<br />An agent may be appointed by t...
Agent & Servant Differences………<br />
Irin Sultana <br />036<br />
Agent &BaileeDifferences…………<br />
Method of creating agency <br />
Agency by express agreement <br />Agency by Implied agreement <br />A contact of agency may be created by expressed agreem...
There are three possible cases of agency by estoppel:<br />Agency by Implied agreement <br />Agency by estoppel or by hold...
Agency is created when the following conditions are fulfilled;<br />Agency of necessity <br />
Ratification means the subsequent adoption and acceptances of an act originally done without instruction or authority.<br ...
Salma Nasrin<br />057<br />
Termination of Agency<br />
Termination by act of parties      	<br />
The ways are…<br />Efflux of time <br />Performance of the object<br />Determination of subject-matter<br />Death or insan...
Agent’s duties to principal<br />
The duties <br /><ul><li>Agents duty in conducting principals business
Skill and diligence required from agent
Agents duty to render accounts
Agents duty to communicate to principal
Agent not to deal on his own account
Principal to get benefit of agent’s dealings
Agents duty to pay sums received for
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Business law

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Business law

  1. 1. Welcome<br />
  2. 2. GYPSY<br />
  3. 3. 001<br />S. M. MehediHasan<br />009<br />MizanurRahman<br />023<br />Abdullah all Masum<br />036<br />Irin Sultana <br />Salma Nasrin<br />057<br />
  4. 4. Law of Agency <br />
  5. 5. We will cover ….. <br />1<br />2<br />3<br />4<br />5<br />6<br />7<br />
  6. 6. Agent<br />
  7. 7. The person for whom such act is done or who is so represented is called the principal.<br />An agent may be appointed by the principal executing a written and stamped document. Such a document is called power of attorney. <br />
  8. 8.
  9. 9. Agent & Servant Differences………<br />
  10. 10.
  11. 11. Irin Sultana <br />036<br />
  12. 12. Agent &BaileeDifferences…………<br />
  13. 13. Method of creating agency <br />
  14. 14. Agency by express agreement <br />Agency by Implied agreement <br />A contact of agency may be created by expressed agreement. The agreement may be either oral or written.<br />An agency agreement may be implied under certain circumstances from the conduct of the parties or the relationship between them<br />
  15. 15. There are three possible cases of agency by estoppel:<br />Agency by Implied agreement <br />Agency by estoppel or by holding out<br />a<br />b<br />c<br />
  16. 16. Agency is created when the following conditions are fulfilled;<br />Agency of necessity <br />
  17. 17. Ratification means the subsequent adoption and acceptances of an act originally done without instruction or authority.<br />Ratification may be expressed or implied.<br />Agency by ratification <br />
  18. 18. Salma Nasrin<br />057<br />
  19. 19. Termination of Agency<br />
  20. 20.
  21. 21. Termination by act of parties <br />
  22. 22. The ways are…<br />Efflux of time <br />Performance of the object<br />Determination of subject-matter<br />Death or insanity of the principal or agent<br />Insolvency of the principal<br />The principal becoming an alien enemy<br />Termination of the sub-agent’s authority<br />Termination by operation of law<br />
  23. 23. Agent’s duties to principal<br />
  24. 24. The duties <br /><ul><li>Agents duty in conducting principals business
  25. 25. Skill and diligence required from agent
  26. 26. Agents duty to render accounts
  27. 27. Agents duty to communicate to principal
  28. 28. Agent not to deal on his own account
  29. 29. Principal to get benefit of agent’s dealings
  30. 30. Agents duty to pay sums received for
  31. 31. Principals
  32. 32. Principals death or insanity
  33. 33. Miscellaneous</li></li></ul><li>MizanurRahman<br />009<br />
  34. 34. Principal’s duties to agent<br />
  35. 35.
  36. 36. Agents rights<br />
  37. 37. Agent’s Right <br />
  38. 38. Thanks <br />

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