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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.
Administrative Agency Law and Legal Definition. An administrative agency is an official governmental body empowered with the authority to direct and supervise the implementation of particular legislative acts. Administrative agencies are created by the federal Constitution, the U.S. Congress, state legislatures, and local lawmaking bodies.