Law · Contract Law
Choose the INCORRECT statement regarding agency under the Indian Contract Act, 1872:
- 1An agent having authority to do an act has authority to do every lawful thing necessary to do such act.
- 2Revocation of an agent's authority may be express or implied.
- 3The sub-agent is directly responsible for his acts to the principal in all general circumstances.✓
- 4No consideration is necessary to create an agency.
Correct answer
The sub-agent is directly responsible for his acts to the principal in all general circumstances.
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