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Agency Law - US. 1  Agency Law - Wikipedia The law of agency is an area of commercial law dealing with a contractual or quasi-contractual, or non-contractual set of relationships when an agent is authorized to act on behalf of another (called the Principal) to create a legal relationship with a Third Party.
A principle governing affairs within or among political units: canon, decree, edict, institute, ordinance, precept, prescription, regulation, rule. See law. The formal product of a legislative or judicial body: act, assize, bill1, enactment, legislation, lex, measure, statute. See law. (Informal) A member of a law-enforcement agency: bluecoat, finest, officer, patrolman, patrolwoman, peace officer, police, policeman, police officer, policewoman.