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Express authority

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What is the rationale in allowing express oral agencies (i.e., no prior written contract) to bind principals by the promises or acts of an agent to a third party? Why isn't it just a requirement that all types of agency be in writing?

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What is the rationale in allowing express oral agencies (i.e., no prior written contract) to bind principals by the promises or acts of an agent to a third party? Why isn't it just a requirement that all types of agency be in writing?

The rationale in allowing express oral agencies to bind principals by the promises or acts of an agent to a third party is related to a third party. The rationale is that the acts of ...

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Hatim Baxamusa, MBA
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  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
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