What is the law of agency?

The law of agency is an area of administrative law in the state of Florida that governs the legal relationships between a principal and an agent or employee. In the context of administrative law, a principal is an entity such as a business or government body that authorizes an agent to act on its behalf. Agents can be individuals or organizations such as law firms, accounting firms, or other professionals hired to perform various tasks. The law of agency applies to all aspects of the principal’s relationship with the agent, including the initial appointment of the agent, the scope of the agent’s authority, the obligations of the principal and agent to each other, and remedies for breach of contract. Generally speaking, agency relationships become important when an agent is granted authority to enter into contracts or otherwise act on behalf of the principal. The law of agency helps to protect both parties’ interests by requiring the agent to follow specific procedures and prohibitions while acting on behalf of the principal. The law of agency is an important area of administrative law that governs the relationships between principals and agents. Without it, principals would have much less control and oversight of their agent’s activities, and agents could be more easily taken advantage of.

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What is the law of agency?

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