Article Sidebar
DOI:
10.4314/mlr.v11i2.8Article Details
a) Copyright of the content of the articles shall be retained by the author subject to the condition that it cannot be republished in another journal. The reproduction of the article as book chapter requires the acknowledgement of its prior publication in Mizan Law Review.
b) An author is entitled to deposit her/his published article in any Open Access repository subject to the condition that the format and layout shall not be changed. Depositing a post-publication version in any repository requires acknowledgement of the earlier version by indicating the Volume, Issue and page numbers of the version published in Mizan Law Review.
c) Articles published in Mizan Law Review are licensed under a Creative Commons Attribution-NonCommercial-NoDerivs (CC BY-NC-ND)
Privacy Statement
a) Where the Editorial Team deems it necessary, the editors may remove precise reference to names of individuals in case comments.
b) The names and email addresses submitted to and published in Mizan Law Review shall not be made available for any other purpose or to any other party.
Disclaimer
Opinions expressed in articles, comments, case comments and sharing thoughts do not necessarily reflect the views of the Editorial Team, or the publisher of the journal, i.e., Center for Law in Sustainable Development, St. Mary’s University.
Main Article Content
Comment: Mandatory Compensation to Commercial Agents upon Termination of Agency under Ethiopian Law
Abstract
The Ethiopian Commercial Code recognizes mandatory compensation if agency agreement for an indefinite period of time is terminated due to the fault of the principal; and the Draft Commercial Code is likely to maintain this approach. This comment examines the status and functions of a commercial agent as well as the compensation due to the agent upon the termination of the commercial agency. I argue that there should be mandatory compensation upon the termination of agency relations for both definite and indefinite period of time unless the agency relation is terminated due to the fault of the agent that justifies termination of a contract. This is justified by comparative experience in the legal regimes of Germany, France, Britain, the European Union, Turkey and some international conventions on agency relations.
Key terms
Commercial Agency; Compensation; Indemnity; Agent; Principal
