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DIBM_U12_Business Law_W26_Activity 1

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DIBM_U12_Business Law_W26_Activity 1

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business
diploma
1 times made

Created by

Dayan Rajapakse
Dayan Rajapakse
Sri Lanka

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DIBM_U12_Business Law_W26_Activity 1Online version

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by Dayan Rajapakse
1

An agency relationship is one in which a party acts and with the authority of another party . The " principal " appoints or authorizes the " agent " to act on her behalf . Thus , he / she is for the actions of the agent taken in furtherance of his / her duties or per the of the principal . The agent will interact with " third " on behalf of the principal . The agency relationship requires an of the relationship between principal and agent , agent and third parties , and the principal and third parties' roles , responsibilities , and .

 
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