During the course of business, an agent may benefit. This is especially true when an agent is paid to perform a task on behalf of the principal. For example, a real estate agent commonly receives a commission for their work in selling a house. When acting on behalf of another, an agent...
aIf someone falsely claims to be acting as agent for a particular principal, or if an agent wrongfull exceeds both his actual and his ostensible authority, then obviously the principal is not bound. Nevertheless, when the principal lerans what has happened, he may choose to retify the ‘agent...
A lawyer acting on behalf of a client is also an agent. They have the power to negotiate settlements, represent their clients in court, and make legal decisions on their behalf. An insurance agent works for an insurance company and is authorized to sell insurance policies to customers on beha...
aAn agent's acts will only bind his principal if the agent was acting within his authority. An agent's actual authority is what the agent has been given the right to do for his principal. It means what the agent has expressly or impliedly been ' authorised ' to do in the ordinary sen...
A residential real estate agent also should be able to present a house and sell the features it provides in a pleasing manner. A creative eye for design and detail can be a strong asset in this profession. Depending on whether an agent is acting on behalf of a buyer or seller, the ...
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Agent (Linguistics) The argument that expresses the means or cause of an action or event described by a phrase or clause. The noun John is the agent in the clause John threw the ball. Subject Cause or force someone or something to undergo (a particular experience or form of treatment, typ...
CentreforSoftwareMaintenance,UniversityofDurhamJamesIngham Page2 Agentdefinition1.[AgentSurvey,1994] “AGENT-Wedistinguishtwousages.Themostgeneralusageistomeanan AUTONOMOUS,self-contained,REACTIVE,PRO-ACTIVE,computersystem, typicallywithacentralfocusofcontrol,thatisabletocommunicatewithother AGENTSviasomeACL.Amore...
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Northern Ireland is the smallest of the four parts, both in population and in area. it has an area of 14,135 square kilometers and occupies the northern one-sixth of the island of Ireland. the capital of Northern Ireland is Belfast. Lough Neagh, the longest lake in the British Isles, ...