Practice question
An agent is entrusted with selling an owner's machine. The agent proposes purchasing it personally, with no consent from the principal. Which rule applies?
- Article 1491 prohibits the agent's purchase of entrusted property absent the principal's consent
- Every agent may always purchase secretly
- The prohibition applies only to public roads
- The agent automatically becomes owner by holding the papers
- A price quotation alone is principal consent
Legal references
- Civil Code Articles 1489–1492: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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