Kinds, Characteristics, and Requisites of Agency

In this session you will learn about the following:
A. Kinds of Agency
1. General Agency
2. Special Agency
3. Agency at will
4. Agency for a special object or purpose.
5. Agency with a period or term.
6. Agency coupled with interest

B. Characteristics of Agency
1. Fiduciary
2. Consensual
3. Unilateral.
4. Bilateral
5. Principal
6. Nominate
7. Oral

C. Requisites of Agency
1. Consent of the Parties
a. Capacity of the Principal
b. Capacity of the Agent
2. Object or Subject Matter of Agency
3. Consideration of Agency (Compensation is Presumed).

Kinds,Characteristics,Requisites