Question: Answer all of (a). (b). (c). (cl) and (e). (a) What is meant in law when someone acts as the 'agent' for a principal when

 Answer all of (a). (b). (c). (cl) and (e). (a) What

Answer all of (a). (b). (c). (cl) and (e). (a) What is meant in law when someone acts as the 'agent' for a principal when contracting with a third party? What duties does the agent owe, and to whom are those duties owed? (2 marks) (b) Abdul is Peter's agent. Abdul, acting outside the scope of his actual authority but representing himself to be Peter's agent, enters into a contract with Colin. Using at least one case authority, on what basis might Peter be bound in the contract with Colin? (2 marks) (c) Max, Asgar and Fatima are in practice together as an unincorporated rm of accountants. What is the nature of the legal relationship between the three acc0untants? Explain whether or not the rm is a separate legal person? (2 marks) (d) In what ways is the relationship between a trustee and beneciaries similar to the relationship between a company director and shareholders? (2 marks)

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