Section 181 of Indian contract Act
Apportionment of relief or compensation obtained by such suits.— Whatever is obtained by way of relief or compensation in any such suit shall, as between the bailor and the bailee, be dealt with according to…
Apportionment of relief or compensation obtained by such suits.— Whatever is obtained by way of relief or compensation in any such suit shall, as between the bailor and the bailee, be dealt with according to…
“Agent” and “principal” defined.— An “agent” is a person employed to do any act for another, or to represent another in dealings with third persons. The person for whom such act is done, or who…
Who may employ agent.— Any person who is of the age of majority according to the law to which he is subject, and who is of sound mind, may employ an agent.
Who may be an agent.— As between the principal and third persons, any person may become an agent, but no person who is not of the age of majority and of sound mind can become…
Consideration not necessary.— No consideration is necessary to create an agency.
Agent’s authority may be expressed or implied.— The authority of an agent may be expressed or implied.
Definitions of express and implied authority.— An authority is said to be express when it is given by words spoken or written. An authority is said to be implied when it is to be inferred…
Extent of agent’s authority.— An agent, having an authority to do an act, has authority to do every lawful thing which is necessary in order to do such act. An agent having an authority to…
Agent’s authority in an emergency.— An agent has authority, in an emergency, to do all such acts for the purpose of protecting his principal from loss as would be done by a person of ordinary…