An agency agreement created for the agent's benefit,not for the principal's,is ________.

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An agency coupled with an interest is a special kind of agency relationship.Unlike regular agency agreements,an agency coupled with an interest is created for the agent's benefit,not for the principal's.Given that the agent is the one who benefits,an agency coupled with an interest is also known as power given as security.Because the agency arrangement is created to benefit the agent,the principal may not terminate the relationship.Rather,the agency is terminated when an event occurs that discharges the principal's obligation.

An Agency Agreement Created for the Agent's Benefit,not for the Principal's,is