priinces4507 priinces4507

27-08-2020
Business

contestada

An agreement between a principal and an agent by which the agent is vested with authority to represent the principal is known as a ________

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andromache andromache

29-08-2020

Answer:

Contract of agency

Explanation:

The contract of agency refers to a legal contract in which the two party relationship existed, the one party would be acted as a representative for the other person who is dealing in a business to establish a contractual relationship between the other person and with the third person

Therefore the given situation is known as the contract of agency and hence the same is to be considered

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