- Contract of mandate
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Contract of mandate is a contract of bailment of goods without reward, to be carried from place to place, or to have some act performed about them.
Three things are necessary to create a mandate. First, that there should exist something which should be the matter of the contract. Secondly, the contract should be gratuitous. Thirdly, the parties should voluntarily intend to enter into the contract.
There is no particular form or manner of entering into the contract of mandate, prescribed either by the common law, or by the civil law, in order to give it validity.
The contract of mandate may be dissolved by the mandatary at any time before he has entered upon its execution and in this case the property is to be restored to the mandator. It may also be dissolved by the death of the mandatory, by a change in the state of the parties (e.g. either party becomes insane) or by a revocation of the authority, either by operation of law, or by the act of the mandator.
References
Categories:- Personal property law
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