Cartoon Guy Holding Stack Of Books

Agreed Statement

ABC Blocks

A person who is authorized to act for another (the agent’s principal) through employment, by contract or apparent authority. the importance is that the agent can bind the principal by contract or create liability if he/she causes injury while in the scope of the agency. who is an agent and what is his/her authority are often difficult and crucial factual issues.

Was This Term Helpful?

0 out of 0 found this helpful

Still got a question or concern?

Click here to contact us or go back to the main Glossary page.