CHAPTER 2. Particular Employments [2019. - 2030.]
Chapter 2 enacted 1872.
§§ 2019–2030 · 9 sections
ARTICLE 2. Agents §§ 2019–2022 · 4 sections
- § 2019 An agent must not exceed the limits of his actual authority, as defined by the Title on Agency.
- § 2020 An agent must use ordinary diligence to keep his principal informed of his acts in the course of the agency.
- § 2021 An agent employed to collect a negotiable instrument must collect it promptly, and take all measures necessary to charge the parties thereto, in case of its…
- § 2022 A mere agent of an agent is not responsible as such to the principal of the latter.
ARTICLE 3. Factors §§ 2026–2030 · 5 sections
- § 2026 A factor is an agent who, in the pursuit of an independent calling, is employed by another to sell property for him, and is vested by the latter with the…
- § 2027 A factor must obey the instructions of his principal to the same extent as any other employé, notwithstanding any advances he may have made to his principal…
- § 2028 A factor may sell property consigned to him on such credit as is usual; but, having once agreed with the purchaser upon the term of credit, may not extend it.
- § 2029 A factor who charges his principal with a guaranty commission upon a sale, thereby assumes absolutely to pay the price when it falls due, as if it were a debt…
- § 2030 A factor who receives property for sale, under a general agreement or usage to guarantee the sales or the remittance of the proceeds, cannot relieve himself…