United States Restatement of the Law of Agency

The Restatement of the Law of Agency is a legal summary that outlines how relationships between agents (representatives) and principals (those they represent) function in the U.S. legal system. It clarifies how agents are authorized to act on behalf of their principals, the duties owed—like loyalty and care—and the legal consequences of those actions. Essentially, it serves as a guideline for understanding how authority, responsibility, and liability are managed in situations where one person or entity acts for another in business or legal matters.