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Commerce · Q320

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 320

Q320

What are the essentials for a person to employ an agent?

A.
The person should not be of sound mind
B.
The person should be a major, according to the law to which the agent is subject
C.
The person should be a major, according to the law to which he is subject and should also be of sound mind
Answer
D.
The person should have executed a contract of indemnity before employing an agent

Answer: Option C

Solution

Answer: Option C
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