What is contract of Agency? Explain the modes of creation of agency using suitable examples.

What is contract of Agency? Explain the modes of creation of agency using suitable examples.

A Contract of Agency is an agreement where one person, called the agent, is legally authorized to act on behalf of another person, called the principal, to deal with third parties. The agent represents the principal and works to fulfill their instructions. The principal is responsible for the actions taken by the agent within the … Read more