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Conditions Necessary for a Valid Ratification of the Acts of an Agent

An agency relationship has a tripartite structure. It involves the principal, the agent and a third party. The agent acts on behalf of the principal in relation to the third party. Consequently, an agent is said to be a conduit

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Law of Agency: Scope of an Agent’s Authority

No doubt the proliferation and expansion of businesses today have had a positive impact on the business relationships of the principal, agent and third parties. As a result of advancement in technology and communication, an individual can have businesses of

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Agency Relationship involving a Foreign Principal, a Local Agent and a Third Party

It is challenging to clearly understand agency relationships where the principal is in a foreign jurisdiction but having a local agent who contracts on his behalf with third parties. This occasions some exceptional situation in the agency relationship. Law of

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