AJ 010 Lecture Notes - Lecture 16: Moe Williams, Involuntary Servitude, Specific Performance

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When the principal appoints a new agent for the same business or transaction, or b. ) When the principal directly manages the business entrusted to the agent. A revocation without notice to the agent will not render invalid an act done in pursuance of the authority. As between the principal and the agent, express notice to the agent that the agency is revoked is not always necessary. If the party to be notified actually knows, or has reason to know, facts indicating that his authority has been terminated or suspended, there is sufficient notice. As to former customers, actual notice must e given to them because they always assume the continuance of the agency relationship. As to other persons, notice by publication is enough. Yes, but subject to the contractual obligations owing the principal. Reason: the essence of the principal-agent relationship is the consent and willingness of the agent to act for the principal.

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