Flashcards in contract law and legal factors affecting underwriting Deck (95)
what is the fundamental rule of agency law'?
acts of n agent, within the scope of the agents power, are acts of the principal. an agent can subject the principal to contractual liability.
the voluntary giving up of a right.
are waivers done orally or written?
> an extension is deemed as a waiver as well
what does estop mean?
to prevent of preclud.