Under which section of the contract act is 'Agent' defined?
section 182
Understanding the Definition of Agent in the Contract Act
In the context of contract law, specifically under the Indian Contract Act, 1872, an 'Agent' holds a significant position. An agent is a person employed to do any act for another, or to represent another in dealings with third persons. The person for whom such act is done, or who is so represented, is called the 'Principal'. This relationship is fundamental to the concept of agency.
Section 182 of the Contract Act: Defining Agent
The Indian Contract Act, 1872, explicitly defines the term 'Agent' in one of its sections. Let's look at the definition provided in Section 182:
- Section 182: “An 'agent' is a person employed to do any act for another, or to represent another in dealings with third persons. The person for whom such act is done, or who is so represented, is called the 'principal'.”
This definition clearly establishes the two key roles in an agency relationship: the Agent and the Principal. The Agent acts on behalf of the Principal, either by performing acts or representing the Principal in interactions with others (third parties).
Identifying the Correct Section for Agent Definition
Based on the structure and definitions within the Indian Contract Act, 1872, the definition of 'Agent' is provided in Section 182. Reviewing the options:
- Section 182: Contains the definition of 'Agent' and 'Principal'.
- Section 192: Deals with sub-agents.
- Section 152: Relates to the care to be taken by a bailee.
- Section 172: Defines 'pledge', 'pawnor', and 'pawnee'.
Therefore, the section of the Contract Act that defines 'Agent' is Section 182.
Important Questions from Miscellaneous
A stone is thrown horizontally from the top of a 20 m high building with a speed of 12 m/s. It hits the ground at a distance R from the building. Taking g = 10 m/s2 and neglecting air resistance will give :
A sphere of volume V is made of a material with lower density than water. While on Earth, it floats on water with its volume f1V (f1 < 1) submerged. On the other hand, on a spaceship accelerating with acceleration a < g (g is the acceleration due to gravity on Earth) in outer space, its submerged volume in water is f2V. Then:
A railway wagon (open at the top) of mass M1 is moving with speed v1 along a straight track. As a result of rain, after some time it gets partially filled with water so that the mass of the wagon becomes M2 and speed becomes v2. Taking the rain to be falling vertically and the water stationery inside the wagon, the relation between the two speeds v1 and v2 is :
Consider the following statements:
1. Distance between the longitudes becomes zero on North Pole and South Pole.
2. Distance between the longitudes is maximum on the Equator.
3. Number of longitudes is more than number of latitudes.
Which of the statements given above is/are correct?
One block of 2⋅0 kg mass is placed on top of another block of 3⋅0 kg mass. The coefficient of static friction between the two blocks is 0⋅2. The bottom block is pulled with a horizontal force F such that both the blocks move together without slipping. Taking acceleration due to gravity as 10 m/s2, the maximum value of the frictional force is :
