Asked by
Nazim Sunesara
on Nov 30, 2024Verified
An agency agreement must always be in writing.
Agency Agreement
A legal contract creating a fiduciary relationship wherein the first party ("the principal") agrees that the actions of a second party ("the agent") binds the principal to later agreements made by the agent as if the principal had himself personally made the later agreements.
Writing
A method of recording language through the inscription or recording of signs and symbols.
- Comprehend the methods involved in establishing and dissolving agency connections, along with particular criteria related to their non-revocability.
Verified Answer
JB
Learning Objectives
- Comprehend the methods involved in establishing and dissolving agency connections, along with particular criteria related to their non-revocability.