What is the law of agency?

The law of agency in South Carolina is a legal relationship that exists between two parties – a principal and an agent – which allows the agent to act on behalf of the principal in certain circumstances. In South Carolina, an agency relationship must be established in writing and must be accepted by both parties for it to become legally valid. The law of agency in South Carolina also affects the duties and responsibilities of the principal and agent. Generally, the agent is required to abide by the orders and instructions of the principal. The principal is required to pay the agent for services provided. The principal also has the legal responsibility of properly supervising the agent and is liable for any negligent acts or omissions of the agent. The law of agency in South Carolina is also critical for determining the legal responsibilities of a third party dealing with the agent. If a third party is aware that an agent is acting on behalf of the principal, then the principal is liable for any actions taken by the agent, as if the principal had taken the actions themselves. In contrast, if a third party is unaware that the person they are dealing with is an agent, then they will only be held liable for the actions of the agent if they were negligent or acted in bad faith.

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What is the law of agency?

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