Final answer:
Written disclosure of an Agency Relationship under Georgia Law must be made at the start of the relationship to ensure legal compliance and clarity of duties.
Step-by-step explanation:
Disclosure of Agency Relationship Under Georgia Law
Under Georgia Law, a written disclosure of an Agency Relationship must be made at the time of engagement of the agency relationship.
This is necessary for compliance with legal standards and to ensure that all parties understand the nature of the relationship and the duties it entails.
A principal may require the opinion, in writing, of the principal officer in each of the executive departments, upon any subject relating to the duties of their respective offices. This mirrors the principle that in agency relationships, disclosure and transparency are crucial.
The requirement for written disclosure is in place to protect all parties involved in the agency contract by providing a clear record of the agreement and the scope of the relationship. This ensures that the fiduciary duties arising out of an agency relationship are unambiguously defined and legally recognized.