Agency by Estoppel

Agency by Estoppel: The Expansion of Responsibilities in the Principal-Agent Relationship

In the complex world of agency relationships, an often misunderstood but crucial concept is that of “Agency by Estoppel.” This phenomenon occurs in the course of an agency relationship when a principal fails to intervene or stop an agent who exceeds his or her usual duties. But what does this mean in […]

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Creating Agency Relationships: “Expressed Agency”, “Implied Agency” and “Ostensible Agency”

The relationship between an agent and a principal is fundamental in many business and legal transactions. Referred to as an “Agency Relationship,” it gives agents the authority to act and make decisions on behalf of principals. But how exactly is this relationship established? There are primarily three ways through which it can be created:

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