From what I can tell it does not seem to have Ackerman-style steering geometry (where the inside steering wheel sets to a steeper angle for the tighter inner turning radius). That would not help it to corner accurately!
Morgans of that era had king-pins which should NEVER be oiled or the steering went totally wild, perhaps this car has an oil-less king pin too, but they have oiled it out of habit!
The c of g looks very high too and those spindly large diameter wheels are likely to flex a fair bit too, and the steering wheel seems to be fairly high geared, a la KR 200 perhaps.
A flawed design for sure*, but that does not detract at all from its character and appeal.
* Mind you, I would be dead chuffed if I could make something like that using 1920s parts and technology.
