general agency

Definition of "general agency"
  1. A relationship where the person is granted the right to carry out all activities related to a specific business on behalf of another person
How to use "general agency" in a sentence
  1. The owner of the business granted a general agency to manage all affairs in his absence.
  2. The real estate broker operated under a general agency, handling all transactions related to the property sale.
  3. Establishing a general agency allowed the principal to delegate all the tasks related to his contracting business.

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