The Concise Encyclopedia of Business Ethics
About This Book
Main Body Agency Agency is a contractual relationship between two parties, in which one party – the agent – is empowered to act, to make certain decisions, and to make legally-binding agreements on behalf of another party – the principal – subject to the principal’s control. Agents are duty-bound at law to act as fiduciaries for their principals. Agency relationships are ubiquitous features of business because they permit both individuals and companies to conduct business and enter into contract
| Category | business |
|---|---|
| Subject | Business ethics and social responsibility |
| Year | 2023 |
| Authors | |
| Chapters | 23 |
| Word Count | |
| Price | |
| License | Creative Commons - Attribution - https://creativecommons.org/licenses/by/4.0/ |