Express Agency express agency see agency. Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.
Express agency is created by either an oral or a written agreement between the principal and the agent. It indicates their express intent for this representational status. In real estate, agency is normally created by either a written listing agreement with a seller or a buyer agency agreement with a buyer.
Express agency: Express agency is where the agency relationship is created through an agreement in which the agent and the principal state their intentions to enter into an agency relationship, that the agent will represent the principal. The parties state or express their intentions in words, either orally or in writing.
What is a Shipping Agency or Shipping Agent? A shipping agency or shipping agent is the party representing the ship’s owner and charterer (the Principal) in port. The shipping agent is responsible for arranging a berth, all required port and husbandry services, looking after the needs of the Master and crew, clearing the ship with the port and other authorities, preparation and submission of ...
dictionary.sensagent.com/Railway Express Agency/en-en
The Railway Express Agency (REA) was a rail express service, at one point the only one in the United States.Originally the American Railway Express Agency, founded on March 29, 1839, its name was changed in 1927.. By 1917 there were seven express companies in the United States, they were consolidated into one, the American Railway Express Agency during the First World War.
Agency is an agreement, express , or implied, by which one of the parties, called the principal, entrusts to the other, called the agent, the management of some business; to be transacted in his name, or on his account, and by which the agent assumes to do the business and to render an account of it.
Agency agency n pl:-cies 1: the person or thing through which power is exerted or an end is achieved [death by criminal "W. R. LaFave and A. W. Scott, Jr."] 2 a: a consensual fiduciary relationship in which one party acts on behalf of and under the control of another in dealing with third parties ;also: the power of one in such a relationship to act on behalf of another NOTE: A principal...
AGENCY, contracts. An agreement, express, or implied, by which one of the parties, called the principal, confides to the other, denominated the agent, the management of some business; to be transacted in his name, or on his account, and by which the agent assumes to do the business and to render an account of it.
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