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agent's duties to principal

См. также в других словарях:

  • agent — n 1: someone or something that acts or exerts power: a moving force in achieving some result 2: a person guided or instigated by another in some action where the heads of departments are the political...agent s of the executive, merely to execute …   Law dictionary

  • agent — 1) Any person appointed by another (the principal) to act on his or her behalf. See agency relationship 2) In contract law, a person appointed by a principal to negotiate a contract between the principal and a third party. If an agent discloses… …   Big dictionary of business and management

  • agent — n 1 *mean, instrument, agency, instrumentality, medium, vehicle, organ, channel Analogous words: actor, operator, worker (see corresponding verbs at ACT): activator, energizer (see corresponding verbs at VITALIZE): performer, executor or… …   New Dictionary of Synonyms

  • Principal (commercial law) — In commercial law, a principal is a person ndash;legal or natural ndash;who authorizes an agent to act to create one or more legal relationships with a third party. This branch of law is called agency and relies on the common law proposition qui… …   Wikipedia

  • Agent (law) — For other uses of the word Agent, see Agent (disambiguation). This is correctAn Agent in Commercial Law is a person who is authorised to act on behalf of another (called the Principal) to create a legal relationship with a Third Party. Section… …   Wikipedia

  • principal — adj Chief; leading; most important or considerable; primary; original. Highest in rank, authority, character, importance, or degree. As to principal challenge principal contract principal obligation principal office principal vein, see those… …   Black's law dictionary

  • Principal-Agent Problem — Conflicts of interest and moral hazard issues that arise when a principal hires an agent to perform specific duties that are in the best interest of the principal but may be costly, or not in the best interests of the agent. The principal agent… …   Investment dictionary

  • Directors' duties in the United Kingdom — bind anybody who is formally appointed to the board of directors of a UK company. Contents 1 Scope 2 Duty to act for proper purposes 3 Duty of care 4 …   Wikipedia

  • Customs house agent — (CHA) is a person who is licensed to act as an agent for transaction of any business relating to the entry or departure of conveyances or the import or export of goods at any Customs station. Contents 1 Liabilities on a CHA 2 Essential Features… …   Wikipedia

  • managing agent — A person invested by a corporation with general powers involving the exercise of judgment and discretion. Anno: 113 ALR 70 et seq. An executive of a co operative apartment association. 15 Am J2d Con Apt § 21. As one upon whom service of process… …   Ballentine's law dictionary

  • agency — /ay jeuhn see/, n., pl. agencies. 1. an organization, company, or bureau that provides some service for another: a welfare agency. 2. a company having a franchise to represent another. 3. a governmental bureau, or an office that represents it. 4 …   Universalium

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