Methods of Forming Principal Agent Relationship

What is required to form a principal-agent relationship in Georgia? An agency relationship is created in the following manners: Express Agreement – A principal and agent may expressly agree to form an agency relationship. The agreement can be oral or in writing....

Duties of a Principal to an Agent

Duties of a Principal to an Agent in Georgia? Generally, a principal owes the following duties to the agent: Duty to Compensate – An agency relationship may be paid or gratuitous. The terms of an agency may be laid out in the agency agreement. If the agency...
Chat with us