730-467 Agency

Legal Method and Reasoning; Principles of Public Law; Torts; Obligations; Contracts; Property or in each case their equivalents.

Agency arises where one person (the agent) has the power to create legal relations between a person authorising that power (the principal) and another person (a third party). The law of agency plays a significant role throughout commercial law. The subject commences by situating agency both within the system of private law and within a framework of economic policy. From this foundation the subject allows students to develop an understanding of the fundamentals of the law of agency. Those fundamentals: how agency is established between principals and agents; what obligations arise between principals and agents; the nature relations between agents and third parties; the nature relations between principles and third parties; the existence of prominent agency cases (such as those involving corporations and real estate) and the means by which agency is terminated.

Written problem-solving task 5000 words 100% (due end of semester). Students must complete a 500-word written outline of their proposed answer to the problem-solving task by the end of the ninth week of teaching (hurdle requirement).

Printed materials will be issued by the Faculty of Law.

• Simon Fisher, Agency Law. 2000, LexisNexis Butterworths.