Creation of an Agency Relationship
Begin exploring the agency relationship with this overview of how agency relationships are created, including the requirements for creation, capacity to serve as a principal or agent, limitations on serving as an agent, and the formal requirements and methods for formation.
Welcome to our tutorial on the law of agency! In this clip, we’ll explore the creation of agency relationships.
We’ll begin by defining agency and discussing the requirements for entering into an agency relationship. This includes the capacity required to act as a principal or an agent, as well as limitations on serving as an agent. We’ll talk about how an agency relationship is formed, including the formal requirements and the methods by which an agency relationship can be created.