Principles of undisclosed principal. Limitations in the doctrine of undisclosed principle are crucial to protect the third parties rights. As the contract was initially held between the third party and the operating agent, there should be no intervention of the undisclosed principal, contrary to the existing agreement.
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First, the theoretical analysis focuses on efficiency. First, the theoretical analysis focuses on efficiency. The future of law and economics is no different than the future of other applied microeconomics fields such as labor, health, and public economics: better identified empirical work with a solid connection to economic theory.
Business law include the law that governing sales, contracts, commercial paper, agency and employment law, business organizations, bailments, and property. Essays in Empirical Law and Economics by Jacklin Chou Lem Submitted to the Department of Economics on August 15, , in partial fulfillment of the.
(Economics Department, Cassel, and Law School) University of California, Los Angeles. M. Phil. and initiativeblog.com in Economics University of California, Los Angeles.
x. Abstract of the Dissertation Essays in Law and Economics by Richard Scheelings Doctor of Philosophy in Economics University of California, Los Angeles, Lord Lindley tried to uphold the third party protection by stating in Keighley Maxtead & co V Durant 2 that it mattered little in existence of undisclosed principal or its lack when it comes to contracts of great mass and stressed on the need for the ability of the principal to be sued and sue with no perversion of the course of the law whatsoever.