NIGERIAN LAW CLAZ

Learn the Law with M.P Daniel...

WELCOME TO NIGERIAN LAW CLAZ

LightBlog

UPDATES

10 Apr 2018

Introduction to Agency


The concept of agency in commercial transactions is a vital concept. With the role played by agents as middlemen in the actualization of existence of contracts, it appears their existence is unavoidable.  Agents do not come on board of business transactions without the requisite consent, approval or authority of their principals to so act. Hence, they derive their authorities to act through their principals who in turn fulfill their own obligation under the terms of employment. In this respect, the basic rules for the coming into effect of a valid contract must be observed. For this reason, the agent will not be able to enforce such contracts where there is a perceived breach.

The Consent of the Parties
Though there may remain some unresolved minor problems, once the relationship of principal and agent has been shown  to  exist absolutely, the main consequences are clear. A major problem however remains that at determining whether or not such a relationship exists in any given set  of circumstances and if so at what point in time. The concern in this respect is the consensual aspect of the relationship as the major determining factor. This is more apparent when considering the various definitions of agency. An example is the definition preferred by Bowstead. He defined agency as: “the relationship that exists between two persons, one of whom expressly or impliedly consents that the  other  should represent him or act on his behalf and the other whom similarly consents to representing the former or so  to act”.
Consent is also manifested in the definition in  the  American  Restatement on Agency. It is no doubt that consent is absolutely necessary in establishing agency relationship. This has received judicial approval in many cases. For instance in Ayua V Adasu (1992)2 N.W.L.R. 598, the Supreme Court of Nigeria quoted with approval the dictum of Lord Pearson in Garnac Grain  Co.  V H.M.F. Fairclough Ltd (1967)1 Lyds. Rep. 495. that; “The relationship of principal and agent can only be established by consent of the principal and the agent”
The learned jurist however went on to say that: “They will be held to have consented  if they have agreed  to what amounts in law to such a relationship even if they do not recognize it themselves and if they have professed  to disclaim it.”
He further emphasized that: “The consent must however have been given by each of them either expressly or by necessary implication from their words or conduct.”
This dictum of the learned jurist raises two fundamental issues. First is “what amounts to consent in such a case?” and secondly, whether it is right to say that the relationship of principal and agent exists only where the agent and the principal have so consented.”

It is submitted that consent is fundamental in cases where such relationship was established by agreement and contract. It is not uncommon to find that in commercial transactions, most agents are appointed by this method. Under certain circumstances, the law may impose or thrust agency relationship upon the  parties  irrespective  of their consent or indeed knowledge.


Click to Save or and to Print this Article for free

No comments:

Post a Comment

Leave your comment below