People {principal, law} can grant other people {agent, law} power to act on their behalf {agency, law}|.
types
Authorized agents {general agent} can perform various activities, such as make contracts. Authorized agents {special agent} can perform one activity. Agents can employ helpers {subagent}. Supposed agents {apparent agent} {agent with apparent authority} can cause a third person to believe supposed agent has authority to act for principal. Third party can know agent and principal {disclosed principal} or not know {undisclosed principal}. Third party can know agent and not know principal {partially disclosed principal}.
termination
Agency terminates at principal's death, object destruction, rearranged agreement, or mutual consent.
responsibilities
Agents must be careful in doing duties, inform principal about transactions, act only in principal's interests and with authority, and make fully state actions. Agents are not liable for contract terms.
Formal executed legal documents can grant agents power to act, either generally or specifically {power of attorney}|. Power of attorney ends upon principal's death, on document's stated termination date, or on revocation.
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Date Modified: 2022.0225