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Formation and Characteristics of Agency
An agency may come into existence by the following ways:
Contract (Appointment) or agreement
Further this can be done in any way: like orally and may in writing or partly whether orally and partly in writing also.
Characteristics of Agency are as below:
Exception
As there agent with authority for execute a deed on behalf of the principal be obliged to appointed through a deed recognised like; POWER OF ATTORNEY.
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