answersLogoWhite

0


Best Answer

Art. 1868. By contract of agency a person binds himself to render some service or to do something in representation or on behalf of another , with the consent or authority of the latter.

The definition which is broad enough to include all situations in which a person is employed to render service for another. However it includes the concept of employer and employee relationship(Article 1700)

Agency is a relationship which implies a power in an agent to contract with a third person on behalf of a principal and its power to affect the principal's contractual relations with third persons that differentiates the agent from the employee.

Reference

De Leon, H. S.(2005). The law on sales,agency and credit transaction.Manila, Philippines: Rex Printing company, inc.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the difference between the office and the agency?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the main difference between a line agency and support agency?

NWB stands for ni**as with booties


Difference and similarities between partnership and agency laws?

mwanaidi.


What is the difference between an independent insurance agency and an independent insurance agent?

The agency is the business and the agent is a person.


What agency serves as a liaison between the president and Congress?

Legislative Affairs Office


What is the difference between open office and the star office?

They both have different names.


What is the difference between the Office 32 and 64 bit programs?

There is not much difference between Office 32 and Office 64 bit programs in terms of performance. However, Office 64 has a larger memory and stores more data.


What is the difference between regular office chairs and office task chairs?

There are two kind of office chairs, one is regular office chairs, another one is office task chair, but they are no difference.


Where are the headquarters of the Companies Office agency?

The headquarters of the Companies Office agency is at the Central Intelligence Agency. This agency is located in Fairfax, Virginia in the United States.


What is the difference between modern office and traditional office?

The basic difference between a traditional office and a modern one has to do with the prevelance of wood panneling and portraits of past presidents of the company. One halmark of the modern office though is the presence of a napping room.


What is the difference between traditional office and modern office?

The basic difference between a traditional office and a modern one has to do with the prevelance of wood panneling and portraits of past presidents of the company. One halmark of the modern office though is the presence of a napping room.


What is the largest agency of the Executive Office of the President?

The largest agency of the Executive Office of the President is the Office of Management and Budget, commonly know as the OMB.


What is the difference between a modern office and a traditional office?

The difference between a modern office and a traditional office is the amount of technology that is present. A traditional office might have had a phone, a desk, typewriter, Dictaphone, and a filing cabinet. The modern office has computers, printers, copiers, cell phones, and other advanced technical devices.