Effect of Agency on contracts with third persons | Liability of Principal (Contract Act 1872)

Hey Everyone!

In this video the concept of "Contract of Agency" is explained with reference to Effect of Agency on contracts with third persons (Liability of Principal towards third persons) alongwith illustrations of the Indian Contract Act 1872.

Following provisions of the Indian Contract Act deals with it :  
》Section-226 Liability of Principal towards third person when act of agent is within authority
》Section-227 & 228 Liability of Principal when act of an agent exceeds the authority
》Section-229 Liability for notice to agent
》Section-238 Vicarious Liability of the Principal for Agent's wrongful act

My courses
• Law of Torts : Law of Torts

• Contract Act 1872 (General Contract)
Contract Act 1872 (General Contract)

Link of previously covered chapters is below
1) Contract of Indemnity (Section-124)
Contract of Indemnity | Section-124 (...

2) Contract of Indemnity (Section-125)
Contract of Indemnity | Section-125 (...

3) Contract of Guarantee (Section-126)
Contract of Guarantee defined | Secti...

4) Essentials of a valid contract of guarantee (Section-127,142,143)
Essentials of a valid contract of Gua...

5) Nature of surety's liability (Section-128)
Nature of Surety's Liability | Sectio...

6) Rights of Sureties (Section-140,141,145)
Rights of Surety | Section-140,141,14...

7) Rights and Liabilities of Co-Sureties (Section-138, 144, 146, 147)
Rights & Liabilities of Co-Sureties |...

8) Kinds of Guarantee
Kinds of Guarantee | Section-129,130,...

9) Discharge of Surety from Liability
Discharge of Surety from Liability | ...

10) Contract of Bailment (Section-148)
Bailment, Bailor and Bailee defined |...

11) Essentials of a valid contract of Bailment
Essentials of a valid contract of Bai...

12) Kinds of Bailment
Kinds of Bailment | Contract of Bailm...

13) Duties of a Bailor
Duties of a Bailor | Contract of Bail...

14) Duties of a Bailee
Duties of a Bailee | Contract of Bail...

15) Rights of a Bailee
Rights of a Bailee | Contract of Bail...

16) Rights of a Bailor
Rights of a Bailor | Contract of Bail...

17) Pledge,Pawnor and Pawnee defined
Section-172 Pledge, Pawnor, Pawnee de...

18) Essentials of Pledge
Essentials of Pledge | Section-172 (C...

19) Who can Pledge
Who can Pledge | Pledge by non-owners...

20) Rights of Pawnee/Pledgee
Rights of Pawnee/Pledgee | Contract o...

21) Rights of Pawnor/Pledgor
Rights of Pawnor/Pledgor | Contract o...

22) Principal and Agent defined
"Principal" and "Agent" defined | Ess...

23) Types of Agent
Types of Agent | Sub-Agent, Substitut...

24) Modes of creation of Agency
Modes of creation of Agency | Contrac...

25) Rights of an Agent/Duties of a Principal
Rights of an Agent / Duties of a Prin...

26) Duties of an Agent/Rights of a Principal
Duties of an Agent / Rights of a Prin...

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Hope you have enjoyed and learned in an easy way

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#contractact#contractofagency#section182#agencydefined#liabilityofprincipal

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