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Discuss the various modes of creating an agency?

Tags: travel, advertising & marketing, news & events
Asked by ashokkumar, 17 Jan '10 11:17 pm
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Answers (1)


Methods are as follows....
1- Agency by consent
Consent may be express or implied. An agency can be expressly created either orally or in writing. There is
only one exception to this, which is that if the agent is to execute a deed on the principal's behalf (for
example a conveyance of land or a lease exceeding three years) then the agency must be created by deed.
Essentially this means that the agent is given a power of attorney.

2-Agency by estoppel (or 'holding out')
Agency by estoppel arises by operation of law and is no less effective than an agency expressly created. It arises
` When the words or conduct of the principal give to a third party the impression that the ...more
Answered by AshokKumar CH, 20 Sep '12 06:04 pm

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