Commentary

16.4 The authority of agents to bind the business

BUSINESSES vol 4(2) start-up, sale and purchase
| Commentary

16.4 The authority of agents to bind the business

| Commentary

16.4 The authority of agents to bind the business

As limited liability companies and limited liability partnerships are both artificial legal entities, they obviously need to act through the medium of agents. These may be the directors or the partners or other parties to whom the power to act has been delegated. General partnerships are also likely to use agents to carry on business, for example to contract with suppliers or customers. This agent could either be one of their number or an employee of the business. Even a sole trader is likely to delegate certain functions of his business

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