Lloyd V. Grace, Smith & Co.

Lloyd V. Grace, Smith & Co. in Europe

Definition of Lloyd V. Grace, Smith & Co.

([1912] A. C. 716). A principal is liable for the fraud of his agent committed while acting within the scope of his authority.
The plaintiff went to the defendants, a firm of solicitors, for the purpose of selling her property and saw their managing clerk, who induced her to convey the property to himself for the purpose of the sale. The clerk then sold the property in his own name, and absconded with the money. Held, the defendants were liable

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Definition of Lloyd V. Grace, Smith & Co. is, temporally, from A Concise Law Dictionary (1927). This page needs to be proofread.

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