WELLCOME TO
MY
PRESENTATION
MD.OMAR FARUQ
ID: 14251041
EMBA PROGRAEAM
MANAGEMENT STUDIES
DEPARTMENT
RAJSHAHI UNIVERSITY
Define agent
And
Right of
Agents
Define agent:
 An ‘agent’ is a person employed to do
any act for another; or Represent
another in dealings with third persons.
The person for whom such act is done
or who is represented is called
Principal. Sec.182
Who can appoint an agent?
Any person can appoint an
agent if he is of the age of
majority; and he is of
sound mind. Sec.183
Who can be an agent?
Right of Agents:
 1. Right of Retainer: Agent has right to
deduct the amount which is due to him by
principal, from amount payable to principal.
 2. Right of stoppage in transit: In case
where agent is personally liable, he has right
to stop the goods in transit. The good may be
moving towards customer or principal.
“3. Right to claim Remuneration: As per
the terms of agency contract, agent has rights
to claim remuneration.
4. Right of Indemnity: Principle of
indemnity gets operated between principal
and agent where principal is implied
indemnifier and agent is implied indemnity
holder. So agent can make principal
answerable for all types of sufferings.
5. Right of lien: Agent can
exercise right of lien but contract
act has not specified whether it is
general lien or particular lien.
Therefore the nature of agent’s
lien depends upon mutual
understanding.
THATS
ALL
THANK YOU.
Define agent And Right of Agents

Define agent And Right of Agents

  • 1.
  • 2.
    MD.OMAR FARUQ ID: 14251041 EMBAPROGRAEAM MANAGEMENT STUDIES DEPARTMENT RAJSHAHI UNIVERSITY
  • 3.
  • 4.
    Define agent:  An‘agent’ is a person employed to do any act for another; or Represent another in dealings with third persons. The person for whom such act is done or who is represented is called Principal. Sec.182
  • 5.
    Who can appointan agent? Any person can appoint an agent if he is of the age of majority; and he is of sound mind. Sec.183
  • 6.
    Who can bean agent?
  • 7.
    Right of Agents: 1. Right of Retainer: Agent has right to deduct the amount which is due to him by principal, from amount payable to principal.  2. Right of stoppage in transit: In case where agent is personally liable, he has right to stop the goods in transit. The good may be moving towards customer or principal.
  • 8.
    “3. Right toclaim Remuneration: As per the terms of agency contract, agent has rights to claim remuneration. 4. Right of Indemnity: Principle of indemnity gets operated between principal and agent where principal is implied indemnifier and agent is implied indemnity holder. So agent can make principal answerable for all types of sufferings.
  • 9.
    5. Right oflien: Agent can exercise right of lien but contract act has not specified whether it is general lien or particular lien. Therefore the nature of agent’s lien depends upon mutual understanding.
  • 10.