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LAW 3.02 Agency Law

AB
actual authorityExpress and implied powers of an agent
special agentAgent that is given the authority to perform specific tasks
3rd partyPerson or company whom the agent deals with on behalf of principal
general agentGiven the authority to perform a variety of tasks
co agentsTwo or more agents working together
principalPerson who gives authority to the agent
agents agentAgent appointed by another agent without consent of principal
sub agentAgent appointed by another agent with consent of principal
gratuitousAgent that works for free
apparent authorityPowers of the agent created by circumstance


Millbrook High School
Raleigh, NC

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