About this document
Understanding Agency Law Basics by keun is a document available to read on EtoBox.
An agency is a contract whereby one person acts on behalf of another with the authority of the latter. It allows a person to extend their activities and be constructively present in many places at once. The key parties are the principal, who the agent represents, and the agent. An agency can be created expressly through appointment or impliedly through actions. Certain acts like personal acts or those prohibited by law cannot be delegated to an agent. The relationship between a principal and agent is fiduci
- Author
- keun
- Language
- EN