1. Welcome

2. Presentation is prepared by
Mizanur Rahman
Abdullah all masum
Irin sultana
Salma Nasrin
3. Dept. of Tourism and Hospitality Management
Faculty of Business Studies
University of Dhaka
4. GYPSY
5. Law of Agency
6. We will cover ..
1
2
3
4
5
6
7
7. Agent
8. The person for whom such act is done or who is so represented is called the principal.
An agent may be appointed by the principal executing a written and stamped document.Such a document is called power of attorney.
9. 10. Agent & Servant Differences
11. 12. Agent &BaileeDifferences
13. Method of creating agency
14. Agency by express agreement
Agency by Implied agreement
A contact of agency may be created by expressed agreement. The agreement may be either oral or written.
An agency agreement may be implied under certain circumstances from the conduct of the parties or the relationship between them
15. There are three possible cases of agency by estoppel:
Agency by Implied agreement
Agency by estoppel or by holding out
a
b
c
16. Agency is created when the following conditions are fulfilled;
Agency of necessity
17. Ratification means the subsequent adoption and acceptances of an act originally done without instruction or authority.
Ratification may be expressed or implied.
Agency by ratification
18. Termination of Agency
19. 20. Termination by act of parties
21. The ways are
Efflux of time
Performance of the object
Determination of subject-matter
Death or insanity of the principal or agent
Insolvency of the principal
The principal becoming an alien enemy
Termination of the sub-agents authority
Termination by operation of law
22. Agents duties to principal
23. The duties

Agents duty in conducting principals business

24. Skill and diligence required from agent 25. Agents duty to render accounts 26. Agents duty to communicate to principal 27. Agent not to deal on his own account 28. Principal to get benefit of agents dealings 29. Agents duty to pay sums received for 30. Principals 31. Principals death or insanity 32. Miscellaneous