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Relation of principal / agent, subagent and substituted agent

Sub agent– a sub agent is a person employed by, and acting under the control of, the original agent, in the business of the agency. The relation of the sub agent to the original agent is as between themselves, that of the...
 
 
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creation of agency

The relationship of principal and agency may arise- By express agreement; By implied agreement; By ratification; By operation of law.   BY EXPRESS AGREEMENT:-  the authority of an agent may be expressed or implied. Normal...
 

 
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Essentials of relationship of agency

There are two essentials of the Relationship of Agency:- 1)       AGREEMENT BETWEEN THE PRINCIPAL AND THE AGENT. Agency depends on agreement but not necessarily on contract. As between the principal and third persons, any...
 
 
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Definitions of Agent and Principal

A person who has capacity to contract may enter into a contract with another Either by himself, or Through another person.   So when he adopts the latter course, he is said to be acting through an agent. An ‘agent’ is ...
 
 
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Agency

The complexities of modern business are such that it is not possible for any man to transact all his business by himself. He cannot personally attend to all matters in which it is necessary for him to be brought into legal rela...