• Maintenance of law and order in society.
• To maintain status quo in society.
• To ensure maximum freedom of individuals.
• To satisfy the basic needs of the people.
• It cultivates and ensures the existence of adequate order.
• Provides resolutions to conflicts.
• Provides a safe haven for individuals and their assets.
• Maintains the structured operation of the civilization.
An agency is created when a person delegates his authority to another person, that is, appoints them to do some specific job or a number of them in specified areas of work. Establishment of a Principal-Agent relationship confers rights and duties upon both the parties.
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