Agency law and the statutor

The law promotes and facilitates business activity in many different ways. From the following list select two areas of law and describe the way in which the promote and facilitate business activity:

d) The statutory implied terms in the Sale of Goods Act (NSW) and the Trade Practices Act (Cth)

The two areas chosen for discussion for the purposes of this assignment are:

· D- THE STATUTORY IMPIED TERMS IN THE SALE OF GOODS ACT (NSW) AND THE TRADE PRACTICES ACT (CTH).

PART ONE HOW DOES AGENCY LAW PROMOTE AND FACILITATE BUSINESS ACTIVITY.

The law of agency is detailed in its provision towards helping business activity. This includes setting out what gives one capacity to act as either a principal or an agent, what authority an agent holds in respect to commercial or business activity, what the duties of the agent are, their rights, liabilities of the agents, the circumstances under which an agency is terminated and the statu

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