What is the ruling if the agent sells the item for less than the stipulated price?
General Chapter
Al-Mughni
Book of Leasing
Primary text
The sale itself is invalid because the agent acted contrary to his mandate as an authorized representative (*wakil*). If returning the item becomes impossible, the agent is liable for the resulting deficit (loss).
Supporting text
Ahmad stated that the agent is liable for the deficit absolutely, a principle established previously under the rules of agency.