Agency syllabus
Agency syllabus
AGENCY
(New Civil Code, Title X – Agency (Articles 1868 to 1932)
3. Agency in General -
Rule on Absent Parties
Notice of Authority to third persons (Doctrine of Imputed Knowledge or
Liability)
Distinguish Implied Agency and Agency by Estoppel
Sale of Real Property
Rule on Agency couched in General & Special Terms
Acts of Dominion & Acts of Administration
Acts – within the scope of authority & in behalf of principal
Effects – With or Without Authority (Doctrine of apparent authority)
Agent & Broker
Agent’s right of retention
Agency Coupled with Interest
II. Obligations of the agent
- Articles 1884 to 1909;
- Fundamental Obligations of an Agent
a. Carry out the agency
b. Act within the scope of his authority
c. Act in behalf of the principal
- Authority & Power
- Ratification Effects (Doctrine of ratification)
- Duty to Account
- Appointment of Substitute
- Commission on Credit; Failure to Collect & Guarantee Commission
- Fraud & Negligence and Insure Effects
Cases: