GENERAL SUPPORTS:Alternatives to Guardianship • December 1st, 2010
Contract Type FiledDecember 1st, 2010Personal Contract/Agency Agreement: An agency agreement is a legal contract creating a fiduciary relationship whereby one party (the “principal”) agrees that the actions of another party (“the agent”) binds the principal to agreements made by the agent as if the principal had himself personally made the agreement. A formal agreement is usually signed setting out the commission/pay the agent will receive, the duration, and other terms on which the principal and agent will do business together.