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Definition
| a person acting for another person in contractual relations with third parties |
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Definition
| the person on whose behalf the agent acts |
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Definition
| an agent who acts exclusively, or mostly, for a single principal |
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Definition
| an agent who carries on an independent business and acts for a number of principals |
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Definition
| one who sells on behalf of a principal to third parties and receives compensation through comissions |
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Term
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Definition
| the agreement between principal and agent whereby the agent undertakes to act on behalf of the principal |
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Definition
| a type of agency agreement authorizing the agent to sign documents on behalf of the principal |
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Definition
| the authority given expressly or impliedly to the agent by the principal |
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Term
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Definition
| the authority that a third party is entitled to assume that the agent possesses |
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Term
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Definition
| representing by words or conduct that a person is one's agent or has a particular authority |
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Definition
| subsequent adoption by the proposed principal of a contract made by an agent acting without authority |
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Term
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Definition
| an agreement under which a franchisor grants to the franchisee a right to market the franchisor's products |
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