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Corporate & Other Laws
In question 4 ..since aziz had appointed rahim so rahim should be sub agent right...in answer it is stated that it is substituted agent...how
Answers (5)
varsha ravikumar
Refer this
But in this question it is not written that the agent is appointed with the consent or knowledge of the principal then how he is a substitute agent and not sub agent
Usually, Substituted agent are specialized in some skill and appointed only for that purpose with the consent of the Principal. Whereas sub-agent are more general in nature with regard to their job. In this question, Rahim is a reputed Auctioneer. Hence, we have assumed him to be a substituted agent. In case you have doubt regarding this in exam, you can quote answer from both angles (sub agent and substituted agent)