123. Fraudulent motive of agent immaterial.

A principal is not exempt, where he would otherwise be liable in respect of an act done or bound by a contract made by his agent, by reason of the fact that the agent in doing it was acting in fraud of the principal1, or otherwise to his detriment2. A third party dealing in good faith with an agent, who acts within the apparent scope of his authority, and purports to act as agent

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