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  2. 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.
    www.investopedia.com/terms/a/agent.asp
    agent An agent is a person authorized to act on behalf of another person. The party an agent is authorized to act for is known as the principal. A principal-agent relationship can either be intentionally created or created by implication through one’s actions.
    As per section 182, an agent is a person who brings his principal into the contractual relations with the third parties. The principal appoints or employs an agent under the contract of agency. Thus, an agent is the link that connects the principal to the third parties. An agent binds the principal by his acts.
    www.toppr.com/guides/business-laws-cs/indian-co…
    A person who has been employed to discharge a duty for someone else, or to represent him; is called an “Agent.” The represented person, or for whom the work is being done, is called the “Principal.”
     
  3. People also ask
    What is the meaning of agent?The term agent is derived from the Latin word “agens,” meaning to do or to act. The meanings of the term “agent” vary. A representative or official of an administrative agency or government is known as an agent: an FBI agent. An agent can be a thing or a substance that produces change: a chemical agent, an electronic agent.
    What is an agent in commercial law?An agent in commercial law (also referred to as a manager) is a person who is authorized to act on behalf of another (called the principal or client) to create a legal relationship with a third party.
    What is agency in law?Agency, in law, the relationship that exists when one person or party (the principal) engages another (the agent) to act for him—e.g., to do his work, to sell his goods, to manage his business. The law of agency thus governs the legal relationship in which the agent deals with a third party on
    What is agent law?Agency law allows an individual to employ another to acquire property, carry out work, and sell goods and services on his/her behalf. A principal can authorize the agent to carry out various functions or restrict the agent to the performance of specific functions.
     
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    WEBApr 23, 2023 · Why Is Agency Law Important, and What Is an Agent? An agent is a person who acts in the name of and on behalf of another, having been given and assumed some degree of authority to do so. …

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