Implications of Agency on English Commercial Law: An Analysis from the Legal Perspective (Published)
Agency in Commercial Law holds substantial position where commercial transactions are conducted. It is an intricate legal area and disputes frequently arise. There are legal formalities that need to be complied with in setting up an agency. A clear agency agreement can help both parties understand their rights and responsibilities and avoid unnecessary conflict and potential expense. Delving into the intricacies of Agency Law grants valuable insights into the UK’s legal system. This paper will explore the major aspects of agency, its magnitude, and the agency relationship configuration. It will also analyze the commercial agency agreements and their underlying principles. Finally, it will expose the basic apparatus and procedure to navigate the complexities of agency and cope with its challenges in the legal framework of English Commercial Law.
Keywords: Agency, Agent, Principal, commercial law