In commercial law, the law of agency is a very important concept to understand as it deals with contractual, quasi-contractual and non-contractual relationships. This usually involves a person, called the agent, who can act on behalf of another person, called the principal, to form a legal relationship with third parties.
In this law of agency course, you will learn about the relationship between the agent and principal and how the principal gives authority to the agent to act on their behalf. You will gain a better understanding of the three types of authority a principal can give to an agent - actual authority, apparent authority and ratified authority.
You will also learn about agent obligations to a principal and the limits of agent authority. The course also reviews who is agent for a business or corporation and what the duties of the Board of Directors and Officers in a business or corporation are.
This course will benefit entrepreneurs and business professionals who would like to learn more about the legalities behind the law of agency and what the duties of particular individuals in a business or corporation are regarding this law.
Learning outcomes: - Understand the meaning of law of agency; - Understand the relationship between the agent and principal; - Understand the three types of authority a principal can give to an agent; - Learn about agent obligations to a principal and the limits of agent authority.
All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire official Certification, which is a great way to share your achievement with the world. Your Alison Certification is:
Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning
Alison offers 3 types of Certification for completed Certificate courses:
Digital Certificate - a downloadable Certificate in PDF format, immediately available to you when you complete your purchase
Certificate - a physical version of your officially branded and security-marked Certificate, posted to you with FREE shipping
Framed Certificate - a physical version of your officially branded and security-marked Certificate in a stylish frame, posted to you with FREE shipping
All Certification is available to purchase through the Alison Shop. For more information on purchasing Alison Certification, please visit our faqs. If you decide not to purchase your Alison Certification, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certification pricing, please visit our Pricing Page.