DEATH Q What is the effect of death of a party to the contract of

Death q what is the effect of death of a party to the

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175885, Feb. 13, 2009) DEATHQ: What is the effect of death of a party to thecontract of agency? XPNs: Q: Is the sale of the land by the agent after thedeath of the principal valid? Good faith here means that the third person was not aware of the death of the principal at the time that he contracted with said agent. (Rallos v. Felix Go Chan, G.R. No. L 24332, Jan. 31, 1978) U N I V E R S I T Y O F S A N T O T O M A S F a c u l t a d d e D e r e c h o C i v i l A CADEMICS C HAIR : L ESTER J AY A LAN E. F LORES II V ICE C HAIRS F OR A CADEMICS : K AREN J OY G. S ABUGO & J OHN H ENRY C. M ENDOZA V ICE C HAIR FOR A DMINISTRATION AND F INANCE : J EANELLE C. L EE V ICE C HAIRS FOR L AY O UT A ND D ESIGN : E ARL L OUIE M. M ASACAYAN & T HEENA C. M ARTINEZ
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UST G OLDEN N OTES 2011 C IVIL L AW T EAM : A DVISER : A TTY . E LMER T. R ABUYA ; S UBJECT H EAD : A LFREDO B. D IMAFELIX II; A SST . S UBJECT H EADS : K AREN F ELIZ G. S UPNAD , L AMBERTO L. S ANTOS III; M EMBERS : P AUL E LBERT E. A MON , A LSTON A NARNA , O ZAN J. F ULLEROS , C ECILIO M. J IMENO , J R ., I SMAEL S ARANGAYA , J R .; C ONTRIBUTORS : L OISE R AE G. N AVAL , M ONICA J UCOM CHANGE OF CIRCUMSTANCES SURROUNDING TRANSACTION Q: What is the effect of a change of circumstancesurrounding the transaction?A:GR:Theauthorityof the agent isterminated.XPNs:1.Iftheoriginalcircumstancesarerestored within a reasonable period oftime,theagent'sauthoritymayberevived;2.Where the agent has reasonable doubtsastowhethertheprincipalwoulddesire him to act, his authority will notbe terminated if he acts reasonably; or3.Where the principal and agent are inclosedailycontact,theagent'sauthority to act will not terminate upona change of circumstances if the agentknows the principal is aware of thechange and does not give him newinstructions.(DeLeon,pp.616617,2005 ed)WITHDRAWAL BY THE AGENTQ: Can the agent withdraw from the agency?
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