Types of Contracts Reviewed
ReviewMyContract
Agency agreements
What is an agency agreement?
An agency agreement is a legal contract creating a fiduciary relationship whereby the first party ("the principal") agrees that the actions of a second party ("the agent") binds the principal to later agreements made by the agent as if the principal had herself personally made the later agreements.
The agent is authorized by the principal to perform certain acts, for and on behalf of the principal. The principal is bound by the acts of the agent, performed in carrying out entrusted duties and within the scope of agent's authority.
An agency can be created by:
express agreement, whether oral or written
implication, based on the custom or practice of the trade, or
conduct of the principal.
Do you need an attorney to help review an agency agreement?
Agency agreements can cover a very broad range of matters (compensation, non-competes, confidentiality, etc.). If you need help with an agency agreement, it may be in your best interests to hire an attorney to represent your interests in the contract, whether you are the principal or the agent.
Further, if you have any questions or legal disputes over the agreement, your attorney can help you file a lawsuit with the court to obtain the appropriate remedy.
Consumer Sign Up! IT'S FREE!Use the service when you need it.There are no membership or subscription fees.
Copyright © ReviewMyContract LLC, Patent Pending. All Rights Reserved. Support@ReviewMyContract.com
DISCLAIMER: All communications between you and Review My Contract are protected by our Privacy Policy, but NOT by attorney-client confidentiality or as attorney work product. Review My Contract provides you with access to website links of law firms to educate yourself regarding each law firm's subject matter expertise, location, attorney biographies and other important information. Communicating with law firms or attorneys from this website does not create or constitute an attorney-client relationship. An attorney-client relationship commences only after a conflicts check and a fully signed engagement letter (contract) with the law firm you have selected from this site. Review My Contract is NOT a law firm or a substitute for a law firm or attorney. Review My Contract does NOT provide legal advice, counsel, opinion, endorsement, recommendation or explanation about possible legal rights or remedies, strategies or options. Your access to the Review My Contract website is subject to our Terms and Conditions of Use.