Obligation not to Contend On an analogous note, an agent may not enter into transactions or engage in organization that contend with the principal. This conflict of interest puts the principal at a disadvantage as the agent could receive trade or business enterprise tricks over the class of your business partnership.
brokerage, brokerage business, securities firm - a stock broker's small business; costs a cost to work as middleman in between purchaser and seller
Obligation of Obedience An agent must comply with fair Directions. There might be situations the place acting on one's behalf and following their guidance is not reasonable or lawful, Therefore the agent may not have to abide by Recommendations.
hypoglycaemic agent, hypoglycemic agent - any of varied agents that decrease the level of glucose from the blood and are used in the cure of diabetes mellitus
As an example, visualize an agent was tasked with shipping distinct merchandise to a manufacturing warehouse. The agent could get hold of information linked to the principal's operations that it could then use for its possess own benefit.
The individual represented from the agent in these situations is called the principal. In finance, it refers into a fiduciary relationship during which an agent is authorized to carry out transactions on behalf on the customer and of their most effective interest.
(= individual owning ability to act) guy needs to be thought to be a ethical agent → der Mensch muss als moralisch verantwortlich handelndes Wesen angesehen werden; determinism states that we're not free of charge agents → der Determinismus behauptet, dass wir nicht frei entscheiden können; you’re a no cost agent, do what you would like → du bist dein eigener Herr, tu was du willst
Once the agent performs a activity for an additional with no disclosing These are an agent, They might be viewed as liable as the agent was presumed being a principal. Agents also are usually liable when they expressly incur a private legal responsibility by getting into into an connected agreement.
pressor, vasoconstrictive, vasoconstrictor - any agent that triggers a narrowing of a gap of the blood vessel: chilly or worry or nicotine or epinephrine or norepinephrine or angiotensin or vasopressin or particular medications; maintains or improves hypertension
teratogen - any agent that interferes with normal embryonic enhancement: Liquor or thalidomide or X-rays or rubella are illustrations
organization agent - an agent who handles enterprise affairs for one more; In particular one particular who offers with businesses
7. Linguistics The argument that expresses the suggests or reason for an motion or occasion described by a phrase or clause. The noun John will be the agent during the clause John threw the ball.
ship broker - an agent to the ship https://the-fortuixagent.com/ operator; obtains cargo and may organize for its loading or discharge
An agent can be a legally approved entity that represents One more entity's passions, undertaking specific or common tasks the principal can not comprehensive.
government agent - a representative or official of the government or administrative department of the government