Relationship Between Principal with Agent, Sub-Agent and Substituted Agent

Producer: 

Subject Expert: 

Subject: 

Date: 

02/2016

The talk of this lecture is to understand the cordial relationship between principal with agent and others under Indian Contract Law, 1872.

The expert further elucidates that the rationale behind this convention is to dispense the job to a mercantile agent so that dealings become more profitable for principal due to marketing as well as other skills of agent.

The expert added that it is very important for agent to control the powers which are assigned to him because the contract of agency is based on confidence and trust.