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Law On Agency Questions

This document discusses various aspects of agency relationships under Philippine law. It addresses topics like the different types of agencies based on the power conferred, the acts agents are authorized to perform, an agent's obligations to their principal, an agent's potential personal liability, and the liability of commission agents. The document seeks to define and classify agencies while also exploring the responsibilities and legal duties between principals, agents, and third parties involved in agency contracts and agreements.

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Bea Christine
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308 views2 pages

Law On Agency Questions

This document discusses various aspects of agency relationships under Philippine law. It addresses topics like the different types of agencies based on the power conferred, the acts agents are authorized to perform, an agent's obligations to their principal, an agent's potential personal liability, and the liability of commission agents. The document seeks to define and classify agencies while also exploring the responsibilities and legal duties between principals, agents, and third parties involved in agency contracts and agreements.

Uploaded by

Bea Christine
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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19. WHEN AGENCY IS SPECIAL?

20. AS TO THE EXTENT OF THE POWER CONFERRED HOW IS AGENCY CLASSIFIED?


21. WHAT ACTS MAY THE AGENT PERFORM IF HIS AGENCY IS COUCHED IN GENERAL
TERMS?
22. STATE THE ACTS FOR WHICH A SPECIAL POWER OF ATTORNEY IS NEEDED?
23. IF AN AGENT IS GIVEN A SPECIAL POWER TO SELL THE PROPERTY BELONGING TO HIS
PRINCIPAL HAS HE ALSO THE SAME POWER TO MORTGAGE TO THE SAME?
24. DOES A SPECIAL POWER TO COMPROMISE IMPLY THE POWER TO SUBMIT TO
ARBITRATION?
25. HOW SHALL THE AGENT ACT IN CARRYING OUT THE AGENCY?
26. IF AN AGENT IS GIVEN A SPECIAL POWER TO SELL PRINCIPAL’S CAR FOR PHP 50,000
AND THE AGENT SELL IT FOR PHP 60,000, HAS THE AGENT EXCEEDED HIS AUTHORITY?
27. WHAT ARE THE REQUISITES TO BE FOLLOWED SO THAT THE PRINCIPAL WILL BE BOUND
TO THIRD PERSONS WITH WHOM THE AGENT CONTRACTED?
28. WHAT ARE THE EFFECTS IF THE AGENTS ACTS IN HIS NAME?
1. WHAT ARE THE OBLIGATIONS OF THE AGENTS?
2. WHAT ARE THE OBLIGATIONS OF A PERSON DECLINES ON AGENCY?
3. WHEN IS AN AGENT NOT BOUND TO ADVANCE THE NECESSARY FUNDS TO CARRY OUT
THE AGENCY, EVEN IF THERE IS A STIPULTION TO DO SO?
4. HOW SHALL THE AGENT EXECUTE THE AGENCY?
5. IS THE PRINCIPAL BOUND BY THE ACTS OF THE AGENT WHICH ARE WITHIN THE SCOPE
OF HIS AUTHORITY BUT IN VIOLATION OF THE INSTRUCTIONS OF THE PRINCIPAL?
6. IN CASE THE AGENT HAS BEEN EMPOWERED TO BORROW MONEY, CAN HE HIMSELF BE
THE LENDER?
7. IF THE AGENT HAS BEEN AUTHORIZED TO LEND MONEY AT INTEREST, CAN THE AGENT
BE THE BORROWER?
8. WHAT IS THE EFFECT OF A STIPULATION EXEMPTING THE AGENT FROM THE
OBLIGATION TO RENDER AN ACCOUNT?
9. MAY THE AGENT APPOINT BE RESPONSIBLE FOR THE ACTS OF THE SUBSTITUTE?
10. WHEN SHALL THE AGENT BE RESPONSIBLE FOR THE ACTS OF THE SUBSTITUTE?
11. WHAT ARE THE EFFECTS OF THE ACTS OF THE SUBSTITUTE APPOINTED AGAINTS THE
PROHIBITION OF THE PRINCIPAL?
12. IS IN THE CASES WHERE THE AGENT SHALL BE RESPONSIBLE FOR THE ACTS OF THE
SUBSTITUTE HAS THE PRINCIPAL LIKEWISE A CAUSE OF ACTION AGAINST THE
SUBSTITUTE?
13. WHAT IS THE NATURE OF RESPONSIBILITY OF TWO OR MORE AGENTS APPOINTED
SIMULTANEOUSLY BY ONE PRINCIPAL?
14. IF SOLIDARITY HAS BEEN STIPULATED FOR WHAT RESPONSIBILITIES SHALL THEY BE
SOLIDARY LIABLE FOR?
15. UNDER WHAT CASES SHALL AGENT BE LIABLE FOR INTEREST TO THE PRINCIPAL?
16. WHEN DOES AN AGENT WHO ACTS AS SUCH INCUR PERSONAL LIABILITY?
17. WHO SHALL BE BOUND BY THE CONTRACT ENTERED INTO BY AN AGENT WHO ACTS IN
THE NAME OF THE PRINCIPAL AND WITHIN THE SCOPE OF HIS AUTHORITY?
18. IF THE AGENT ACTS IN EXCESS OF HIS AUTHORITY BYT IN THE NAME OF HIS PRINCIPAL,
SHALL THE PRINCIPAL BE BOUND?
19. IN CASE THE AGENT ACTS IN THE NAME OF THE PRINCIPAL BUT IN EXCESS OF HIS
AUTHORITYAND THE PRINCIPAL DOES NOT RATIFY CONTRACT, CAN THE THIRD PARTY
HOLD THE AGENT PERSONALLY LIABLE?
20. IN CASE OF IGNORANCE OF THE AGENT, CAN THE PRINCIPAL SET THIS UP TO AVOID
LIABILITY?
21. AS TO THIRD PERSONS WHEN IS AN ACT OF AN AGENT DEEMED TO BE WITHIN THE
SCOPE OF HIS AUTHORITY?
22. IF A THIRD PERSON WITH WHOM THE AGENT HAS CONTRACTED WOULD LIKE TO
DISAFFIRM HIS CONTRACT, CAN HE MAKE USE OF THE DEFENSE THAT THE AGENT HAS
EXCEEDED HIS AUTHORITY?
23. TO DETERMINE THE EXACT AUTHORITY OF THE AGENT, WHAT IS THE DUTY OF THE
THIRD PERSON WITH WHOM THE AGENT WISHES TO CONTRACT ON BEHALF OF THE
PRINCIPAL?
24. WHO IS A COMMISSION AGENT?
25. HOW SHALL THE COMMISSION AGENT BE RESPONSIBLE FOR THE GOODS RECEIVE BY
HIM?
26. WHAT IS THE OBLIGATION OF THE COMMISION AGENT WHO HANDLE GOODS OF THE
SAME KIND AND MARK BELONGING TO TWO DIFFERENT OWNER?
27. CAN THE COMISSION AGENT SELL ON CREDIT?
28. WHAT IS THE LIABILITY OF THE COMMISSION AGENT WHO SELL ON CREDIT WITHOUT AN
EXPRESS OR IMPLIED CONSENT OF THE PRINCIPAL?
29. WHAT IS THE OBLIGATION OF THE COMMISSION AGENT WHO IS AUTHORIZED BY THE
PRINCIPAL TO SELL O CREDIT?
30. WHO IS A GUARANTEE COMMISSION AGENT OR A “DEL CREDERE” AGENT?
31. WHAT ARE OTHER LIABILITIES OF THE AGENT IN CONNECTION WITH THE FULFILLMENT
OF HIS OBLIGATION?
MORTGAGE MORTGAGE MORTGAGE MORTGAGE MORTGAGE MORTGAGE
MORTGAGE MORTGAGE MORTGAGE MORTGAGE MORTGAGE ANTICHRESIS
AGENCY AGENCY AGENCY AGENCY AGENCY AGENCY
AGENCY AGENCY AGENCY AGENCY AGENCY AGENCY
AGENCY AGENCY AGENCY AGENCY AGENCY AGENCY
AGENCY AGENCY AGENCY AGENCY AGENCY AGENCY
ANTICHRESIS CHATTEL MORTGAGE CHATTEL MORTGAGE
CHATTEL MORTGAGE CHATTEL MORTGAGE CHATTEL MORTGAGE

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