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APPARENT OR OSTENSIBLE AUTHORITY IN AGENCY

Dictum

Jallco Ltd v Owoniboys Technical Services (1995) 4 NWLR (Pt.391) 534, this honourable Court held that:- “Under the doctrine of apparent or ostensible authority where a person by words or conduct represents to a third party that another has authority to act on his behalf, he may be bound by the acts of that other as if he had in fact authorized litem”.

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FIVE WAYS IN WHICH PRINCIPAL AND AGENT RELATIONSHIP MAY ARISE

Usually, the relationship of Principal and agent may arise in anyone of five ways, namely: – 1. By express appointment whether orally or by letter of appointment or, indeed, by a Power of Attorney, Under this heading. No formality, such as writing is required for the valid appointment of an agent except for instance, where...

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THE IDEA BEHIND AGENCY RELATIONSHIP

The idea behind agency is that the law acknowledges that a person does not always need to act in person to change his legal relations. He may either employ the services of another to change them or do something to change them. Ordinarily, the idea is that the agent can affect the principal’s legal position...

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WHAT IS AN AGENCY RELATIONSHIP

Okwejiminor v Gbakeji (2008) 5 NWLR (Pt.1079) 172 Mohammed JSC defined the concept of agency thus:- “Agency is the relationship which exists or arises where one person called the agent, has the authority or capacity to create legal relations by acting on behalf of another person called the principal, whereby the latter undertakes to be...

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