Agency by Requirement You can find also "agency by necessity," in which an agent is appointed to act on behalf of a customer that's bodily or mentally incapable of making a decision. This isn't constantly a situation of incapacitation.
Adhering to the modern coverage scam, laws is staying put in position to guarantee all agents guard their consumers' very best interests.
All estate agent mystery agent journey agent real estate property agent estate agent, at housing agent estate agent, at Real estate agent vacation agent's, at vacation agency See all meanings Phrase on the Day
4. the indicates by which some thing happens or is reached; instrument: wind is really an agent of plant pollination.
Practicing as an agent in a specific industry without the correct license or registration may lead to fines or staying prohibited from performing as an agent in that field Later on. Before working being an agent, make sure that you've got attained the appropriate license, certification, and registration.
For some clientele, it will not be of their finest desire to obtain those investments. Therefore, the broker has the responsibility of treatment to not promote this sort of merchandise to Individuals folks, sacrificing private achieve to copyright the sanctity of the relationship.
The Bottom Line An agent is any person that's been entrusted to act on behalf of A further person. Men and women ordinarily connect with upon an agent whenever they will need someone with much more skills or if they haven't got enough time to finish a undertaking.
A registered agent is someone that may be licensed to just accept lawful documents on behalf of a minimal legal responsibility organization (LLC).
In these scenarios, courts would understand a 3rd party making the decision if that party was provided ability by the key party to take action. The third party can be accountable for performing in the main party's ideal interest.
Responsibility to Not Contend On an identical Be aware, an agent may well not enter into transactions or enterprise that contend KING that has a principal. This conflict of fascination places the principal in a drawback as the agent may get hold of trade or enterprise secrets and techniques during the study course in the company marriage.
enterprise agent - an agent who handles business affairs for an additional; Particularly a person who discounts with businesses
These illustrations are programmatically compiled from various on the web resources For instance latest usage in the word 'agent.' Any thoughts expressed during the examples usually do not stand for These of Merriam-Webster or its editors. Send out us feed-back about these illustrations.
This also ensures that any methods or money utilized to transact are preserved in separate financial institution accounts Which independent reporting ledgers are managed.
a person who tries secretly to obtain data for just one nation while in the territory of A different ordinarily unfriendly country an agent