Examlex

Solved

In Relation to Each of the Following Statements,identify the Way

question 15

Essay

In relation to each of the following statements,identify the way in which the agency relationship has been established.
a.X consigned his automobile to Z with instructions to sell same immediately.Z was a mercantile agent.Z used the vehicle as security for a loan from Y,who knew nothing about X or his instructions to Z.
b.Z,a common carrier,transported perishable goods for X.The goods started to spoil,and Z was unable to contact X,who had left the country on an extended vacation.Z sold the goods to Y and received a reasonable price with regard to the condition of the goods.
c.X executes a power of attorney in favour of Z,authorizing Z to sell specific land described in the power of attorney.
d.X,without the authority of Z,sells certain of Z's furniture at a garage sale.Shortly after the sale,Z learns of it and approves of X's actions.


Definitions:

Counts of Resolution

A measure of the smallest movement or change in position that a sensor or device can detect.

DMM Probes

Tools used with a digital multimeter to make physical contact with the component or circuit being measured.

Rubber Insulator

A component made of rubber used to electrically isolate two parts of a structure, preventing unwanted electrical conduction.

Wingman/VORAD

Advanced radar and sensor systems used in vehicles to enhance safety by monitoring surrounding traffic conditions and obstacles.

Related Questions