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We are talking about fiduciary relationship in which an agency is considered as an agreement which deals with two people making out one as agent of the other. The other one is considered as principal for whom the agent will guide all the authorities.
These are further considered into various forms like advertising, employment, government, international, news and central intelligence agency with many more. In employment agency, we are looking up to career blogs as a good example where we catch up with career articles and they further provide us with necessary tools to establish a satisfying career. To carry out such business, sense of agency plays a vital role in development especially self awareness. Also the deal is made somewhere under independent contract called as proprietor which basically care about liability further known as for two types; contractual and tort.
The relationship of agency is created by appointments that is a written or oral agreement and also by implications. Thus, it is a new way to entrepreneurship where the corporate world is running with strategies and marketing skills.