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AGENCY LAW

Authored by Nurul Asyikeen

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University

Used 28+ times

AGENCY LAW
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Phil represented Kolin in a real estate transaction when Kolin sold his house to Markita. Who is the principal in this scenario?

Phil

Fred

Kolin

Markita

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Eduardo asked Luna to sell his car while he was away on a luxury cruise to Mexico. When Luna agreed to become Eduardo’s agent, she had the power to legally bind Eduardo to a sales contract. They had a voluntary consensual relationship. Luna did not receive payment for the service. What term identifies Eduardo?

Agency

Agent

Principal

Special

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the law governs law of agency in Malaysia?

Agency Act 1961

Sale of goods act 1957

Contracts Act 1950

Agency Act 1950

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The agreement created between principal and agent is _____

Contract of employment

contract of service

contract of agency

contract of necessity

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

'A person, by his words/conducts, allows a 3rd party to believe that B is his agent even when B is not, and the 3rd party relies on it to his detriment, that person will be estopped/precluded from denying the existence of B’s authority.'


A is agent by ______________

necessity

ratification

holding out

estoppel

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____________ is an authority conferred expressly upon the agent either by oral or written agreement.

express authority

apparent authority

secret authority

special authority

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who can be a principal as accordance to Section 136 of Contracts Act 1950?

minor and soundmind

adult and soundmind

minor and unsoundmind

adult and unsoundming

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