Example of an agency relationship

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Reference no: EM133291453

Assignment:

Provide your own example of an agency relationship. Be sure to explain the following:

  1. Who is the principal?
  2. Who is the agent?
  3. What is the agent's role in relation to the principal? Explain specifically what the agent is to do for the principal.
  4. What duties does the agent owe the principal?
  5. What duties does the principal owe the agent?
  6. Provide an example of a risk of liability that might occur as a result of the relationship.

You may use an example from your own life or something you make up. If you need inspiration, you may look for examples in current events

 

Reference no: EM133291453

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