AJ 010 Lecture Notes - Lecture 19: Moe Williams

• School: Pasadena City College
• Department: Administration of Justice
• Course: AJ 010
• Professor: Gallon

Document Summary

Reason for indemnity: to answer for losses and damages occasioned by the non-fulfillment of his obligation as agent. Agent cannot be held liable if the agent withdraws for a valid reason as when: The withdrawal is based on the impossibility of continuing the agency without grave detriment to himself; or. The agent, even if he should withdraw from the agency for a valid reason, must continue to act until the principal has had reasonable opportunity to take the necessary steps to meet the situation. This is to prevent damage or prejudice to the principal. If the agent dies, his heirs should tell the principal. However, if the principal dies, the principal s heirs have no obligation to tell the agent. General rule: agency is terminated instantly by the death of the principal. Rationale: agency, being based on representation, there is no one to e represented where the principal is already dead.