1.

Give any two characteristics of an agent.

Answer»

Two characteristics of an agent are:

  • Right on Goods: The agent does not pass any right on the goods. The ownership of goods always remains with the principal. The agent has to only make arrangements for increasing sales.
  • Eligible to contract: The appointment of an agent or the existence of agency is the result of the contract. This contract is entered between the agent and the principal.


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