Business Studies, asked by priyavishwa780, 10 months ago

define agency. how it is created and how it is terminated​

Answers

Answered by saiphysiocare1
2

Explanation:

The contract of agency is defined as one where one party-the principal, grants authority to another party- the. An agency relationship is fiduciary in nature. An agency can be created by express or implied appointment, necessity or estoppel. There are certain duties that the parties owe each other.

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