agency take home quiz

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  • 7/27/2019 Agency Take Home Quiz

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    Take Home:

    1. What is a Contract of Agency? (5 points)

    o In Article 1868, it is said that a contract of agency is a contract wherein a person binds himself to rende

    some service or to do something in representation or on behalf of another, with the consent or authority of

    the latter.

    2. Article 1874:Jaier o!ns a piece of "an#. His son$ Jason$ so"# the "an# to Jinny$ signing in the %ee# of

    &a"e as his father's (Jaier) agent. The fact$ ho!eer$ is that no po!er of attorney has een eec*te# in

    faor of Jason. +ater on$ in the presence of !itnesses$ Jaier to"# Jinny that he !o*"# ai#e y the sa"e.

    Can Jinny s*e Jaier for the enforcement of the sa"e$ in case the "atter ref*ses to #e"ier the piece of

    "an#? ,p"ain. (1- points)

    Article 1874.

    hen a sale of a piece of land or any interest therein is through an agent, the authority of the latter shall be in writing! otherwise, the sale shall be void

    o Sale of a Piece of Land/Any Interest Therein: agent"s authority must be in writing, otherwise

    sale is void.

    . Article 1891:/enia a*thori0e# eng to se"" her car for 1--$---.-- cash !ith 53 commission. eng

    !as a"e to se"" the car for 12-$---.-- cash or 2-$---.-- more than /enia's price. 4or !hat amo*nt

    is eng acco*nta"e to /enia? ,p"ain yo*r ans!er. (1- points)

    Article 18#1.

    $very agent is bound to render an account of his transactions and to deliver to the principal whatever he may have received by virtue of the agency, even though

    may not be owing to the principal. $very stipulation e%empting the agent from the obligation to render an account shall be void

    12-$--- 53 6---

    Article 1919: Jennifer an# her sister Jonah !ere the registere# o!ners of a parce" of "an# in &iaton. They

    eec*te# a specia" po!er of attorney in faor of their rother J*ni a*thori0ing him to se"" the property for an# in

    their eha"f. Jennifer$ ho!eer$ #ie# a fe! #ays after!ar#s. Ao*t 7 months after the #eath of Jennifer$ J*ni

    so"# the "an# to Came" Homes 8ea"ty %e't 9nc. The sa"e !as #*"y registere# in the 8egistry of %ee#s.

    &*se*ent"y$ ,a$ the so"e an# on"y heir of Jennifer ro*ght an action in Co*rt for the reconeyance (ret*rn) of

    Jennifer's 1;2 share in the &iaton property$ on the reason that the Contract of &a"e to Came" Homes as far as

    Jennifer is concerne# is *nenforcea"e. Wi"" the case ro*ght y ,a prosper in Co*rt? Why? (1- points)

    Agency is e%tinguished&

    '() *y the death, civil interdiction, insanity or insolvency of the principal or of the agent!

    o es. %eath eting*ishes agency.