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Welcome to **CWG for BCOM**!
In this lecture, we begin **Chapter 10 – Contract of Agency** from **Business Law** under the **Indian Contract Act, 1872**. The topic of **Agency** explains how one person (agent) acts on behalf of another (principal) in a legal relationship. This chapter is very important for **BCOM/BBA Semester 1 (2025–26)** and **CA, CS, CMA foundation-level exams**.
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### **What You’ll Learn in This Video:**
Meaning and Definition of **Contract of Agency (Sec 182)**
Essential Features of Agency Relationship
Who can become an Agent or Principal
Creation of Agency – Express, Implied, Necessity & Ratification
Difference between Agent and Servant
Rights, Duties & Liabilities (Overview)
Real-life Examples & Case Studies
University Exam-Oriented Explanation
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### **Who Should Watch This Video:**
BCOM & BBA 1st Semester Students (2025–26)
CA Foundation / CS Executive Entrance / CMA Foundation Aspirants
Students preparing for **Indian Contract Act, 1872**
Hindi & English Medium Learners
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### **Learn More with CWG for BCOM:**
**Download the CWG for BCOM App (Paid Courses Available)**
[https://play.google.com/store/apps/details?id=com.commerce.wale.guruji](https://play.google.com/store/apps/details?id=com.commerce.wale.guruji)
**Join Telegram for Free Notes & PYQs**
[https://t.me/cwgforbcom](https://t.me/cwgforbcom)
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### **Stay Connected:**
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Email: [[email protected]](mailto:[email protected])
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