Handbook of the Law of Principal And Agent
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To quickly assess the difficulty of the text, read a short excerpt:
But see Clark, Contr. 493, note, and cases cited.
It is otherwise if the principal must found his action on an illegal contract. Hunt v. Knickerbacker, 5 Johns. 326; Fales v. Mayberry, 2 Gall. (U. S.) 560, Fed. Cas. No. 4,622; Lemon v. Grosskopf, 22 Wis.
447, 99 Am. Dec. 58; Leonard v. Poole, 114 N. Y. 371, 21 N. E. 707, 4 L. R. A. 728, 11 Am. St Rep. 667.
" Souhegan Nat Bank v. Wallace, 61 N. H. 24; Kiewert v. Rlnds- kopf, 46 Wis. 481, 1 N. W. 168, 82 Am. Rep. 731.
426 DUTIES OF AGENT TO PRINC...IPAL. (Oh. 15 Duty to Give Notice.
It is the duty of the agent to give notice of all facts com- ing to his knowledge which may make it necessary for the principal to take steps for his security, and failure to do so renders the agent liable for any resulting loss. 46 Thus, an agent employed to insure must notify his principal promptly if he is unable to effect insurance.* 7 So, if the property in- trusted to the agent is seized on legal process,* 8 or if a per- son to whom he has sold becomes insolvent, 49 or if a note taken by him in payment for goods sold is not paid at ma- turity, 50 he must promptly apprise his principal, ■AME-DUTY TO ACCOUNT.
What to read after Handbook of the Law of Principal And Agent?
You can find similar books in the "Read Also" column, or choose other free books by Tiffany, Francis B. (Francis Buchanan), 1855-1936 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
But see Clark, Contr. 493, note, and cases cited.
It is otherwise if the principal must found his action on an illegal contract. Hunt v. Knickerbacker, 5 Johns. 326; Fales v. Mayberry, 2 Gall. (U. S.) 560, Fed. Cas. No. 4,622; Lemon v. Grosskopf, 22 Wis.
447, 99 Am. Dec. 58; Leonard v. Poole, 114 N. Y. 371, 21 N. E. 707, 4 L. R. A. 728, 11 Am. St Rep. 667.
" Souhegan Nat Bank v. Wallace, 61 N. H. 24; Kiewert v. Rlnds- kopf, 46 Wis. 481, 1 N. W. 168, 82 Am. Rep. 731.
426 DUTIES OF AGENT TO PRINC...IPAL. (Oh. 15 Duty to Give Notice.
It is the duty of the agent to give notice of all facts com- ing to his knowledge which may make it necessary for the principal to take steps for his security, and failure to do so renders the agent liable for any resulting loss. 46 Thus, an agent employed to insure must notify his principal promptly if he is unable to effect insurance.* 7 So, if the property in- trusted to the agent is seized on legal process,* 8 or if a per- son to whom he has sold becomes insolvent, 49 or if a note taken by him in payment for goods sold is not paid at ma- turity, 50 he must promptly apprise his principal, ■AME-DUTY TO ACCOUNT.
What to read after Handbook of the Law of Principal And Agent?
You can find similar books in the "Read Also" column, or choose other free books by Tiffany, Francis B. (Francis Buchanan), 1855-1936 to read onlineMoreLess
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