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Chapter LVIII

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§1. Define agent, principal, factor. What is a factor sometimes called?

§2. How is a factor secured for money advanced on property?

§3. What is this right to hold property called? How is he restricted?

§4. How far is a principal bound by the acts of a general agent? What is a general agent?

§5. How far is an agent bound to his principal? In what case may he depart from his instructions?

§6. By what rule is he to be governed?

§7. What degree of diligence and skill must he exercise? What is ordinary diligence? Reasonable skill?

§8. In what cases is an agent responsible to the person with whom he deals? In what case is a principal liable for goods bought by an agent in his own name?

§9. What is a broker? His ordinary business? In what does he differ from a factor?

§10. What is a lien? For whose benefit is the right intended? How their right restricted?

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The government class bookChapter LVIII

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