This can be the result of exceeding the authority they've been given, acting in misconduct, being unreasonably negligent, or almost every other condition wherever the principal could incur a decline that could have perhaps been prevented.

In certain predicaments once the agent performs a job for one more with no disclosing They're an agent, They might be considered liable since the agent was presumed to generally be a principal.

"After a while, this gets to be self-sustaining, making it a sensible and liable way to extend our housing source without the need of passing regressive tax burdens onto the public," Zahilay mentioned.

Somebody or issue that performs an action or provides about a particular outcome, or that has the capacity to do so.

Such as, picture if an agent was tasked with delivery specific items to an agent's production warehouse. The agent could get hold of information and facts associated with the principal's operations the agent could then use for its particular profit.

When performing on behalf of another, an agent must ensure they do not unjustly take advantage of their agency position. This incorporates receiving massive Advantages from the relationship or taking benefit of their position to ensure they obtain Positive aspects that will not Usually as part of a normal transaction.

coolant - a fluid agent (gasoline or liquid) that provides cooling; Specially one used to cool a program by transferring warmth clear of one component to another; "he included much more coolant to the vehicle's radiator"; "the atomic reactor used a fuel coolant"; "lathe operators use an emulsion of oil website and h2o as being a coolant for your cutting Device"

standard agent, common agent - anyone licensed to transact all kinds of business for the principal

ship broker - an agent to the ship owner; obtains cargo and may set up for its loading or discharge

References in vintage literature ? He discovered Ona in a faint as well as infants screaming, and the whole household in an uproar--for it were considered by all of that he experienced long gone to murder the agent.

The latest Illustrations online Every week features a special specialist: a economic lender, a home inspector, a DIY Professional and a real estate agent

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biological agent, biohazard - any bacterium or virus or toxin that may be used in Organic warfare

a person who attempts secretly to acquire information for 1 nation inside the territory of A different commonly unfriendly place an agent