Virginia Sales Agency Agreement with Exclusive Agent regarding Sale of Advertising and Sponsorships for On-Line Store
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Description
Agency law is concerned with any principal-agent relationship; a relationship in which one person has legal authority to act for another. An agency agreement is an agreement, by which one of the parties, called the principal, entrusts to the other, called the agent, the management of some business; to be transacted in his name, or on his account, and by which the agent assumes to do the business and to render an account of it. As a general rule, whatever a man may do by himself, except by virtue of a delegated authority, he may do by an agent.
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