agency by necessity

Definition

Type of relationship where one of the parties can make essential decisions for another party. This is recognized in the court system and usually will apply when one party is not able to make a critical decision.

Related Videos




http://www.businessdictionary.com/definition/agency-by-necessity.html

Today's Top Bulls

73% Bullish
(95 Votes)
70% Bullish
(70 Votes)
69% Bullish
(49 Votes)
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z