New Activity
Play Fill in the Blanks Game
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 ____________________ .