Selected Cases by Article & Issues
(1) This Section governs the authority of a person ("the agent") to affect the legal relations of another person ("the principal") by or with respect to a contract with a third party, whether the agent acts in its own name or in that of the principal.
(2) It governs only the relations between the principal or the agent on the one hand, and the third party on the other.
(3) It does not govern an agent"s authority conferred by law or the authority of an agent appointed by a public or judicial authority .
|1||Authority of agents|
|1.1||Only External relationship between principal/agent and third party affected|
|2||Authority of officers of companies|
|2.1||Governed by special rules of company law|
|2.2||Governed by general rules on agency|