CHAPTER 5: LAW OF AGENCY

CHAPTER 5: LAW OF AGENCY

University

20 Qs

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CHAPTER 5: LAW OF AGENCY

CHAPTER 5: LAW OF AGENCY

Assessment

Quiz

Social Studies

University

Medium

Created by

Norzelawati Umar

Used 417+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Firdaus wishes to sell his piano for RM15000 to Fadhil. He meets his old friend, Fatim seeking for her help to sell the piano on behalf of him to Fadhil. Under the law of agency, Fatim is called ....

an agent

a promisor

a principal

a third party

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Fuad appoints Hew to be his agent to buy goods from Rose. Fuad is …

an agent

a mentor

a principal

a guidance

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following statute is the law applicable for law of agency in Malaysia?

Contracts Act 1950

Agency Act 1957

Bills of Exchange Act 1949

Partnership Act 1961

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Ratification by the principal to the act of his agent occurs when the principal ....

examines the act of the agent

accepts the act of the agent

advises the agent on his act

gives the instruction to the agent

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Appointment of an agent can be made by the following except ...

express appointment

implied appointment

ratification

self appointment

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Among the conditions to be fulfilled before a principal ratifies his agent’s act are …

I. The principal must ratify the whole contract

II. The act or contract must be unauthorized

III. Ratification must not injure the third party

I, II

I, III

II, III

I, II, III

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

When the agent was duly appointed to do the work, but he has exceeded the authority given, he is the agent appointed by…

necessity

express appointment

ratification

estoppel

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