alleryStart learning →Under the Indian Contract Act, an agent is a person who is
Aemployed to act for or represent another
Bappointed to hold goods of another safely
Ca partner who shares firm profits and losses
Da buyer who purchases goods for own use
Answer & Solution
Correct answer: A. employed to act for or represent another
Section 182 defines an agent by his employment to act for, or represent, another in dealings with third persons.
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Related questions
An agent for sale makes an unauthorised misrepresentation and C buys. The contract isFrauds by agents in matters outside their authorityA tells B not to sell below a set price, but C, unaware, buys below it from B. A isA principal who made third persons believe an agent's acts were authorised isA person who contracted as agent but really acted on his own accountA person untruly claims to be an agent and no ratification follows. He mustA third party induces belief that only the principal is liable. He laterA sells cotton to B and later learns B was agent for C. A may sue