This may be the results of exceeding the authority they've been specified, acting in misconduct, remaining unreasonably negligent, or some other circumstance where the principal may well incur a loss that could have likely been avoided.
In certain conditions when the agent performs a process for another with no disclosing They're an agent, They might be considered liable because the agent was presumed being a principal.
Though the level of care will not be explicitly described, the level of care needs to be equivalent to what within reason expected by neighborhood criteria.
Duty of Disclosure Because the agent gains delicate facts which could influence the choice-making process of a principal, the agent has the obligation to reveal that data within an correct, well timed manner.
→ وَكِيل agent agent Vertreter πράκτορας agente agentti agent agent agente 代理人 대리인 agent agent agent agente агент ombud ตัวแทน temsilci người trung gian 代理商
Evaluate general agent in this entry — transfer agent : an officer, lender, or rely on firm that acts on behalf of the publicly held corporation in managing the transfer of stock as well as other securities and keeping data in the entrepreneurs — universal agent : an agent performing beneath a common agency b : a agent (as of a company or nonresident administrator of an estate) selected to just accept provider of procedure on behalf of the represented occasion generally as demanded by statute c : someone or Corporation that finds customers or tenants for real estate house owners generally for the Fee d : an independent income or read more service representative of an insurance provider
It is actually possible he wished to deliver written evidence of the plea that he was an unwilling agent during the clutch of the mutinous Military.
estate agent, residence agent, land agent, real estate agent, housing broker - a person who is approved to work as an agent for your sale of land; "in England they call a housing agent a land agent"
Obligation Not to Usurp When an agent functions on behalf of a principal, the agent might acquire information and facts It could be capable to personally capitalize on for private advantage. For instance, an agent may get info concerning a potential investment prospect.
Responsibility to Not Compete On an analogous Notice, an agent may not enter into transactions or business that contend using a principal. This conflict of interest places the principal at a downside since the agent might attain trade or small business strategies throughout the training course of the business enterprise romance.
(professional) a chemical or maybe a material that produces an result or simply a improve or is utilized for a particular intent
These examples are programmatically compiled from a variety of online sources As an instance current utilization with the term 'agent.' Any opinions expressed while in the illustrations do not symbolize All those of Merriam-Webster or its editors. Send us comments about these examples.
If the carpet was done, Aunt Ri took the roll in her personal unbiased arms, and strode with it towards the Agent's household.
"a little something able of manufacturing an effect, human being authorized to act for an additional," heading back again to Latin, current participle of agere