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Formation and Characteristics of Agency
An agency may come into existence by the following ways:
Contract (Appointment) or agreement
Further this can be done in any way: like orally and may in writing or partly whether orally and partly in writing also.
Characteristics of Agency are as below:
Exception
As there agent with authority for execute a deed on behalf of the principal be obliged to appointed through a deed recognised like; POWER OF ATTORNEY.
Terms used in Contract However there are certain terms may identify conditions and warranties like are implied into every contract covered through the Sale of Goods Act where
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