Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. with reference to provisions in the contracts act

With reference to provisions in the Contracts Act 1950 and case-law, discuss the following: Duties of principal...

70.2K

Verified Solution

Question

Accounting

With reference to provisions in the Contracts Act 1950 andcase-law, discuss the following:
Duties of principal towards his agent.

Answer & Explanation Solved by verified expert
4.0 Ratings (816 Votes)
Duties of Principal towards his Agent 1 To pay the agent the commission or other remuneration as agreed unless the agency relationship is gratuitous The commission should be paid upon the completion of all contractual duties of the agent Based on the section 172 of the Contract act if the payment for the performance of any act due to agent until the completion of the act Not to willfully prevent or    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Inter State Moving and Storage Company is setting up a control chart to monitor the proportion...

Chemistry
1.2K views

1.Acids commonly dissociate to give hydrogen ions insolution (H+), while bases dissociate to give hydroxide ions...

Physics
1.2K views

  Record your lab data regarding photogate positions and times in the table below, converting the...

Psychology
1.2K views

Writing a paper about musical theatre. How it began, how it shaped theatre and and how...

Operations Management
1.2K views

Select any one business organization (for-profit organization of your choice). What is the strategy used by...

General Management
1.2K views

What do you see as the pros and cons of government safety regulations?

Basic Math
1.2K views

ion f x x for 0 x for 7 x for obtain the Fourier series...

Calculus
1.2K views

Which equation is related to x 10 1 x O x 10 x x 1...

Accounting
1.2K views

common stock $2000000 on balance sheet and dividends paid for 100000 shares was $100000 what...

Accounting
1.2K views

Patriot Co., manufactures and sells three products: red, white, and blue. Their unit selling prices...

Accounting
1.2K views

expected to pay its employees a 5 % bonus on net income after deducting the...

Accounting
1.2K views

A lessee's option to purchase a leased asset at a price that is substantially lower...