Business Studies, asked by patelatish3592, 1 year ago

Definition of agency as defined in indian contract act

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Answered by ayan437
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Agent and principal are defined under Section 182 of the Indian Contract Act, 1872. According to the section “an agent is a person employed to do any act for another or to represent another in dealings with third persons.

Answered by ANGADOFFICIAL
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Answer:

Section 182 in The Indian Contract Act, 1872. 182. 'Agent' and 'principal' defined. —An 'agent' is a person employed to do any act for another, or to represent another in dealings with third person. The person for whom such act is done, or who is so represented, is called the 'principal'.

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