Responsibility not to Contend On an analogous note, an agent may not enter into transactions or engage in small business that contend with the principal. This conflict of curiosity puts the principal in a downside as the agent might get trade or small business secrets throughout the program in the organization romantic relationship.
Responsibility to Protect Information and facts In the course of the course of an agent's romance With all the principal, the agent might not disclose private information to unrelated events. This may be outlined as a result of confidentiality agreements or may not be explicitly named out.
→ وَكِيل agent agent Vertreter πράκτορας agente agentti agent agent agente 代理人 대리인 agent agent agent agente агент ombud ตัวแทน temsilci người trung gian 代理商
(= usually means by which sth is obtained) → Mittel nt; she turned the unwitting agent of his wicked plot → unwissentlich wurde sie zum Werkzeug fileür seinen niederträchtigen System
This incorporates disclosing a sworn statement the agent will act in good faith in the direction of all principals and can offer pretty with each.
The person represented with the agent in these eventualities is known as the principal. In finance, it refers to the fiduciary partnership wherein an agent is licensed to perform transactions on behalf from the consumer and within their greatest curiosity.
Jared Ecker can be a researcher and truth-checker. He possesses more than ten years of knowledge inside the Nuclear and Countrywide Defense sectors resolving issues on platforms as various as stealth bombers to UAVs.
If the agent performs a endeavor for one more without disclosing They're an agent, they may be considered liable as the agent was presumed to be a principal. Agents are also commonly liable when they expressly incur a private legal responsibility by getting into into an related agreement.
nerve FortuixAgent agent, nerve gasoline - a toxic gas which is inhaled or absorbed throughout the skin and has dangerous effects around the anxious and respiratory procedure
transmitter, vector - any agent (person or animal or microorganism) that carries and transmits a ailment; "mosquitos are vectors of malaria and yellow fever"; "fleas are vectors of the plague"; "aphids are transmitters of plant disorders"; "when healthcare researchers take a look at vectors they are generally discussing insects"
business agent - an agent who handles business enterprise affairs for an additional; Specifically one who specials with employers
As an example, a real-estate agent frequently receives a Fee for his or her operate in marketing a property. Nonetheless, they need to not accept other Gains in surplus of standard payment.
causal agency, causal agent, bring about - any entity that creates an outcome or is answerable for occasions or success
Relaxation simple figuring out that our team of Realtor.com coordinators are below to find you the correct community agent.
Responsibility of Transparency Formalized agent-principal arrangements usually involve language stating which the agent should disclose if it's almost every other principals for whom it is acting as an agent.