4. Introduction

Abstract

This chapter introduces the law of agency. It first examines the legal concept of agency, focusing on its definition and how it differs from other power–liability relationships. It then looks at examples of types of agent, such as auctioneers, directors, partners, and lawyers. It also considers agents who play a particular role in commercial transactions, namely: factors, brokers, del credere agents, confirming houses, and commission agents. Finally, it discusses the harmonisation of the law via the Geneva Convention on Agency in the International Sale of Goods, held in 1983.