A transporter who had to sell some perishable goods without the prior authority of the owner becomes an agent by?

Assessment: JAMB UTME - Commerce - 2004 Subject: Commerce

Question 1 Report

A transporter who had to sell some perishable goods without the prior authority of the owner becomes an agent by?
Answer Details
A transporter who sells some perishable goods without the prior authority of the owner becomes an agent by necessity. This means that the transporter was compelled by circumstances to act on behalf of the owner without their prior consent, in order to prevent loss or damage to the goods. The law recognizes such situations and allows the transporter to act as an agent by necessity, with the expectation that the owner will ratify (i.e., approve) the sale and compensate the transporter accordingly.
Read lesson note on Occupation (JAMB)
View Answer

Related Questions

1

An order sent by an importer to an overseas supplier stating the details of goods required is known as?
2

Discounts offered by firms to middlemen for bulk purchases are?
3

Goods are of merchantable quality if they?
4

Use the diagram above to answer the question below. As the branches indicate, IV is
5

Use the diagram above to answer the question. What does V represent?
6

Organizing trade fairs in Nigeria is the responsibility of?
7

A transporter who had to sell some perishable goods without the prior authority of the owner becomes an agent by?
8

International trade takes place as a result of?

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning