Comission agency: Certain open issues

A particularity of commission agency is that the commission agent acts in its own name, but for the account of the principal. The provisions of the Law on Obligations leave certain practical issues conclusively unresolved, and such issues have been encountered both in doctrinal analysis and in case...

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Main Authors: Pavić Vladimir, Živković Miloš
Format: Article
Language:English
Published: University of Belgrade, Faculty of Law, Belgrade, Serbia 2022-01-01
Series:Anali Pravnog Fakulteta u Beogradu
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/0003-2565/2022/0003-25652200591P.pdf
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author Pavić Vladimir
Živković Miloš
author_facet Pavić Vladimir
Živković Miloš
author_sort Pavić Vladimir
collection DOAJ
description A particularity of commission agency is that the commission agent acts in its own name, but for the account of the principal. The provisions of the Law on Obligations leave certain practical issues conclusively unresolved, and such issues have been encountered both in doctrinal analysis and in case law. The article analyzes some of the issues that, while being relevant in practice, have not been subject to scrutiny recently, such as the content and reach of the obligation of the commission agent to act in accordance with the instructions of the principal, the principals rights over chattels, and claims acquired by the commission agent or held by it, implications of the provisions of the law regulating the rights of the principal in case of bankruptcy of the commission agent, and the consequences of commission agent's belated transfer of monies received or even unauthorized use of monies belonging to the principal.
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spelling doaj.art-fed946e1a29d4d548c44d93f6e6297c52023-01-31T07:29:13ZengUniversity of Belgrade, Faculty of Law, Belgrade, SerbiaAnali Pravnog Fakulteta u Beogradu0003-25652406-26932022-01-0170poseban59160710.51204/Anali_PFBU_22MK21A0003-25652200591PComission agency: Certain open issuesPavić Vladimir0Živković Miloš1Univerzitet u Beogradu, Pravni fakultet, SerbiaUniverzitet u Beogradu, Pravni fakultet, SerbiaA particularity of commission agency is that the commission agent acts in its own name, but for the account of the principal. The provisions of the Law on Obligations leave certain practical issues conclusively unresolved, and such issues have been encountered both in doctrinal analysis and in case law. The article analyzes some of the issues that, while being relevant in practice, have not been subject to scrutiny recently, such as the content and reach of the obligation of the commission agent to act in accordance with the instructions of the principal, the principals rights over chattels, and claims acquired by the commission agent or held by it, implications of the provisions of the law regulating the rights of the principal in case of bankruptcy of the commission agent, and the consequences of commission agent's belated transfer of monies received or even unauthorized use of monies belonging to the principal.https://scindeks-clanci.ceon.rs/data/pdf/0003-2565/2022/0003-25652200591P.pdfcommission agencycommission agentprincipalpledgebankruptcy
spellingShingle Pavić Vladimir
Živković Miloš
Comission agency: Certain open issues
Anali Pravnog Fakulteta u Beogradu
commission agency
commission agent
principal
pledge
bankruptcy
title Comission agency: Certain open issues
title_full Comission agency: Certain open issues
title_fullStr Comission agency: Certain open issues
title_full_unstemmed Comission agency: Certain open issues
title_short Comission agency: Certain open issues
title_sort comission agency certain open issues
topic commission agency
commission agent
principal
pledge
bankruptcy
url https://scindeks-clanci.ceon.rs/data/pdf/0003-2565/2022/0003-25652200591P.pdf
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