contract of agency

contract of agency
A contract between principal and agent which ordinarily is the basis of the relation between them. 3 Am J2d Agency §§ 2, 17, 18. The agency relationship is not necessarily based upon contract, since the relationship may be created by operation of law or by the agent's assuming his position gratuitously. 3 Am J2d Agency § 2.

Ballentine's law dictionary. . 1998.

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