The creation of an agency relationship involves the manifestation of consent between two parties—the principal, who grants authority, and the agent, who accepts the delegated tasks. This consent can be expressed through written or verbal agreements, or it can be implied through the actions of the parties involved. Once the agency is established, the agent undertakes responsibilities on behalf of the principal, forming a legal association that defines their roles and obligations.

In this video you'll learn the different ways an agency relationship can be established.

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