Give a word or phrase for each of the following
1.5 A formal written authority, setting out the scope of the agent’s authority and signed by the principal.
1.6 If a person represents by words or conduct that another person is his agent, and a third person reasonably and bona fide acts on that representation to his prejudice, then the person who so represented will be liable to such contract on this ground.
1.7 The rule that states that the seller will be relieved of his/her duty to deliver if performance becomes impossible due to supervening circumstances, while the purchaser will still be liable for the purchase price if the contract is perfecta.
1.8 The essentialia of a contract of employment
1.9 An initial amount of money paid, after the credit agreement contract is concluded, to validate it
1.10 A contract where, the price is paid regardless of what materialises.
Comments
Leave a comment