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Discussions Trans-Lex Administrative Information Document-ID: 915600 [click here to copy citation to clipboard] Please Cite as: "http://www.trans-lex.org/915600". Social Networks
No. II.7 - General agentAn agent having authority to conduct a particular trade or business, or to act generally for his principal in a particular trade, business, or undertaking, has authority to do every lawful thing necessary or usually incidental thereto. Trans-Lex Commentary [open]Please click below for (full) text references [doctrine] [national legislation]There are no Threads related to this document. Open one by yourself. |
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Please cite as: "Commentary to Trans-Lex Principle No. II.7 - General agent, http://www.trans-lex.org/915600"
1 The Principle relates to a situation in which an agent has received a general instead of a specific authority to act for a principal, typically for a certain business or trade. For those cases, the Principle provides a guidline as to the scope of the agent's authority.
2 There may be intermediary cases in which the authority of the agent is general in nature, but limited to certain types or categories of acts necessary for the conduct of the business.