Restatement of the Law of Agency, Third
The Restatement of the Law of Agency (3rd edn, 2006) is a set of principles issued by the American Law Institute, intended to clarify the prevailing opinion on how the law of agency stands in 2006.
Definition of agency
para 1.01, "Agency is the fiduciary relationship that arises when one person (a 'principal') manifests assent to another person (an 'agent') that the agent shall act on the principal's behalf and subject to the principal's control, and the agent manifests or otherwise consents so to act."
See also
This article is issued from Wikipedia - version of the 4/30/2014. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.