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Obligations of the Principal

Bound/Liable Not Bound/Not Liable1910:Obligations

contracted

Within the scope of

authorityG!: "gent e#ceeded his

authorityWhen he ratifes it

$#ceptions1911 I he allowed the agent to act

as though he had ull powers

(solidarily liable)

191%: "d&ance'ent of

necessary su's plus

interest fro' the day the

ad&ance (as 'ade

)uty to rei'burse

I so requested by agent

I there is a stipulation,

provided principal is not

insolvent (1886)ven i the business

underta!ing was not

unsuccessul, provided agent

is ree ro" ault

I agent is at ault

191*: +nde'ni,cation for

da'ages the e#ecuti&e of

agency caused the agent

Without agent#s ault

191- .he agent 'ay retain in pledge the obects of agency

until rei'burse'ent and inde'nity are paid

191: t(o or 'ore

persons ha&e appointed

an agent for a co''on

transaction

$olidarily liable to the agent

or all consequences o

agency

191213: +nco'patible

contract of agency

G!: Prior date shall be preferred"gent in good faith

principal is liable or

da"ages to third persons

whose contract "ust be

re%ected

"gent is in bad faith

&rincipal not liable, agent

only

1914: $#penses incurred

by agent

1) principal should wish to

avail hi"sel o the benefts

derived ro" the contract

1) 'gent acted in

contravention with

principal#s instructions

) penses in the eecution

o agency, without ault o

agent

) penses due to the ault

*) &rincipal was aware o

such !nowledge

*) 'gent incurred the" with

!nowledge o unavorable

result, principal was not

aware+) When stipulated, or when

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the agent will be allowed a

certain su"

5O)$6 O7 $8.+NG+65$N.B; !$

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2eath o principal

1-*/. 'gency re"ains in ull

orce and e