An agent's competency to act or contract for his principal is not limited to his competency to contract for himself1. Thus a minor2 may be an agent, and act and contract so as to bind the principal, although not personally liable on the contract of agency or on contracts with third parties, even in cases where an agent of full contractual capacity would have been personally liable3. A partner who is a minor can therefore bind the firm and partnership assets in respect
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234