The rights and liabilities of a principal under his agent's contracts may be excluded by the express terms of the contract1, but in no case can the principal be deprived of his right to enforce the contract in his own name, or be exempted from his liability thereunder, notwithstanding that a usage, rule or regulation of a professional body purporting to have that effect was known to him at the time when the contract was made2. The mere fact that the agent is himself liable on the contract,
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