- Question 1 20 Marks Anis Is Appointed By Eryn To Be Her Agent In The Appointment Letter Eryn Stated That Anis Has T 1 (83.84 KiB) Viewed 9 times
QUESTION 1 (20 marks) "Anis is appointed by Eryn to be her agent. In the appointment letter, Eryn stated that Anis has to do all necessary task as if as a branch manager relating to her skincare business" Based on the above: a) Answer the following: Type of agent Anis categorised as; ii. Brief explaination on that type of agent played by Anis b) Explain SEVEN (7) duties and obligation of an agent to his principal. Support and state your answer with relevant sections of Contract Acts 1950 c) List anyTHREE (3) types of agency according to functions QUESTION 2 (20 marks) Lokkesh Rau purchased a Jaguar car by hire purchase. The purchase was financed by Hantok Finance Co. Ltd (HFCL). Lokkesh Rau entered into a hire purchase agreement with HFCL for 108 months at installment of RM2,350.00 per months. Lokkesh Rau come to you and seek your advise on the following matters: a) As a hirer under hire purchase contract, what are his rights and liabilities as a hirer. Explain FIVE (5) of those rights and liabilities together with relevant sections of Hire Purchase Act 1967; b) There are FIVE (5) implied terms in a hire purchase agreement. List those implied terms and guide him with a proper and relevant sections as prescribed under Hire Purchase Act 1967