WAEC Commerce 2002 Question 48

Question 48

Law of Agency

The duty of an agent of necessity to a principal is based on

  1. A.trust
  2. B.ability
  3. C.negotiation
  4. D.mutual agreement
Show the answer and explanation

Answer: A (trust)

Explanation

An agent of necessity acts in an emergency without an agreement, so his duty rests on good faith (trust).