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AGENCY

November 19 2019

RECAP – Li Ligutom Reboja Villarin Amores SPECIAL POWER OF ATTORNEY (ATTORNEY-


IN-FACT)
What is the consideration in a gratuitous
contract? SPA may be absolutely necessary in act of
Liberality of the agent – specifically, love and strict dominion, specifically (GOWN-CARP-BLISS-
affection PR)

Manner how agency is granted – Couched in (1) Make gifts


General Terms (2) Transfer of ownership of real properties
(3) Waiver of obligation
(4) Novation
RECITS (5) Enter to compromise
Amores, Negado (6) Other acts of dominion
(7) Transmission of real rights
To act as an agent, what is necessary? (8) Effect payment not usually considered as
(1) Consent acts of administration
(2) Object (9) Borrow or lend
(3) Consideration

Not do we only require the presence of the


elements of a contract namely, consent, CONTINUE – CHAPTER 2 for next meeting &
object and consideration. There must also Finish CH 1
be an authority from the principal to act on
his behalf.

To be able to represent someone else, he must


have the authority.

Do you remember about negotiorum gestio?


What is it about?

Administrator and executor – who gave you the


authority?
Administrator – given by law
Executor – by will of testator

When there is a will, there is a well. (If naay


atabay naay agianan).

How is agency created?


(1) Express
(2) Implied

How is acceptance done?


(1) Express
(2) Implied

On the other hand, agency may be done through


a notice.

You were given a special notice, may they


terminate that?
Termination must be in the same manner as it
was given.

Example. The principal notifies you through a


call that they are terminating your
appointment. Despite that, you still continued
to transact. Will those transaction be valid?

Situation.
Notice by publication
Revocation was done through a call

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