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- An agent is a person or entity that acts on behalf of another person or entity, called the principal123. An agent can be involved in various activities, such as business, law, sports, or entertainment12. An agent can be the employer, the employee, the representative, or the authorized person of the principal, depending on the context and the agreement13.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.If you are an officer of your church or a community group, you are an agent. If you employ an accountant, a nanny, a secretary or are on the board of a little league team, you are a principal with agents reporting to you. It is an inherent part of social and legal life.www.stimmel-law.com/en/articles/agency-basic-lawAn agent includes broker, commission agent, factor, auctioneer, or a mercantile agent. He carries out activities under the principal-agent relationship.cleartax.in/s/gst-on-commission-brokerage/
A U. S. agent may be:
- The actual employer of the beneficiary
- The representative of both the employer and the beneficiary
www.uscis.gov/working-in-the-united-states/tempor… What Is an Agent? Definition, Types of Agents, and Examples
An agent, in legal terminology, is a person who has been legally empowered to act on behalf of another person or an entity. An agent may be employed to represent a client in negotiations and other dealings with third parties. The agent may be given decision-making authority. Two common types of agents are … See more
An agent is someone that is given permission (either explicitly or assumed) to act on an individual's behalf and may do so in a variety of capacities. This could include selling a home, executing a will, managing a sports career, managing an acting career, being … See more
People hire agents to perform tasks that they lack the time or expertise to do for themselves. Investors hire stockbrokers to act as middlemen between them and the stock market. … See more
Agents come in all types depending on their function and the industry in which they operate. In general, there are three types of agents: universal agents, general agents, and special agents. See more
- Duty of Avoiding Material Benefit
- During the course of business, an agent may benefit. This is especially true whe…
- Duty Not to Usurp
- When an agent acts on behalf of a principal, the agent m… See more
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