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What is the difference between sub-agent and co-agent?
Section 191 of Indian Contract Act 1872 defines that "a sub-agent is a person employed by, and acting under the control of, the original agent in the business of the Agency." A sub-agent may be a properly appointed one or an improperly appointed one. Where an agent, having authority to do so, appoints a sub-agent, he is known as a sub-agent properly appointed (sec. 192.) Where an agent without authority appoints a sub-agent, he is called a sub-agent improperly appointed. ( sec. 193.)When a sub-agent is properly appointed, he can represent the principal as regards to third parties. There is no privity of contract between the sub-agent and the principal. The agent would be responsible to the principal for the acts of the sub-agent. In case of a fraud or willful wrong, the sub-agent is also directly responsible to the principal.When the sub-agent is improperly appointed, the principal is not bound by the acts of the sub-agent. The agent would be responsible to the principal and third parties.A "Co-agent" or a "substituted Agent" is a person who is appointed by the agent to act for the principal in the business of agency with the consent of the principal.Section 194 enacts, "where an agent holding an express or implied authority to name another person to act for the principal, names another person accordingly, he is not a sub-agent, but a substituted agent for the principal"
What is the difference between sub agent and substituted agent?
SUB AGENT.--------------Section 191 of Indian Contract Act 1872 defines that "a sub-agent is a person employed by, and acting under the control of, the original agent in the business of the Agency." A sub-agent may be a properly appointed one or an improperly appointed one. Where an agent, having authority to do so, appoints a sub-agent, he is known as a sub-agent properly appointed (sec. 192.) Where an agent without authority appoints a sub-agent, he is called a sub-agent improperly appointed. ( sec. 193.)When a sub-agent is properly appointed, he can represent the principal as regards to third parties. There is no privity of contract between the sub-agent and the principal. The agent would be responsible to the principal for the acts of the sub-agent. In case of a fraud or willful wrong, the sub-agent is also directly responsible to the principal.When the sub-agent is improperly appointed, the principal is not bound by the acts of the sub-agent. The agent would be responsible to the principal and third parties.SUBSTITUTED AGENT--------------------------A "Co-agent" or a "substituted Agent" is a person who is appointed by the agent to act for the principal in the business of agency with the consent of the principal.Section 194 enacts, "where an agent holding an express or implied authority to name another person to act for the principal, names another person accordingly, he is not a sub-agent, but a substituted agent for the principal"
What year was the Indian act passed?
It was on May 28, 1830 that the Indian Removal Act was passed. A number of Christian missionaries opposed the passing of the bill.
What is doctrine of waiver under Indian contract law?
Waiver is abndonment of performance and is laid down in Sec. 63 of the Contract Act. This is an unilateral act of the promisee, so no fresh agreement is not required. Example: A was to supply 100 bags of rice of a perticular quality B. B later on came to know that A will suffer heavy loss, if he performs the obligation, B may chose not to insist on performance and discharge A from the obligations of the contract.
Why phosphoric acid is not reducing agent?
It is an oxy acid which may act as an oxidizing agent, reducing agents are those which may produce atomic hydrogen or hydride ion.
Who executed the Indian Removal Act?
The Indian Removal Act was executed by President Andrew Jackson during his tenure from 1829 to 1837.
Why does SO2 act as a good reducing agent as well as oxidising agent?
not sure about it yet but you may try wish123. Might help you. thanks
Is a contract valid if the signee is not authorised to sign contracts?
It may be possible to enforce the contract. If the party can show that they saw the individual as an agent of the other party, the courts will often enforce it.
Can you legally change your real estate agent without fees or problems and does an agent and seller contract expire?
Yes you can, Then when the contract expires you may change agents . There is a holdover time period (usually 90 to 120 days) if you buy a home that he has shown you you may owe them the commission, If you are selling a property and the contract expires and someone who looked at the property before the contract expired you may owe them a commission. With either case they have to give you a list of of people who fall into the holdover period.
Ethical responsibilities of a sports agent?
The agent's name and address must appear on all forms of advertising. Agents may not communicate with or enter into an agent contract or financial services contract with an athlete prior to the athlete's final intercollegiate or high school regular season or post season game.
What was the year that the Indian removal act started?
The law (The Indian Removal Act) was passed on May 26th 1830, the first actions were taken in September of 1830. If you mean "Indian Removal" in general, then that would be October 12th 1492.
If contract in writing but not in proper stamp paper is this contract unenforceable contract?
Even if a contract is in a plain paper, that by itself does not render the Contract illegal, since it does not violates any of the Conditions of sec.10 of Indian Contract Act. But when you want to execute it in the Court of law , the Court will impound the document and will impose the penalty. On payment of penalty the defect gets cured. To be in the safest side , i suggest the Contract to be in the stamp paper. 16th May, 2012 Jiju V.S. Asst Manager - Legal Hotel Leelaventure Ltd, The Leela Kovalam Mob: 9349987247
