About AGENT
About AGENT
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This may be the results of exceeding the authority they've been presented, acting in misconduct, being unreasonably negligent, or almost every other condition the place the principal could incur a loss that might have possibly been prevented.
You'll be able to choose to be possibly a captive coverage agent or an unbiased insurance plan agent. From there, you have got to determine what insurance solutions you would like to market to clientele.
Responsibility of Separation An agent also has the obligation to maintain the agent's as well as the principal's affairs individual. This consists of guaranteeing that any transactions entered into on behalf of the principal are still legal house of the principal.
These examples are programmatically compiled from several on the web sources As an example present use in the phrase 'agent.' Any opinions expressed in the illustrations tend not to characterize Individuals of Merriam-Webster or its editors. Deliver us feed-back about these illustrations.
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 in the plague"; "aphids are transmitters of plant ailments"; "when health-related experts mention vectors they are generally talking about insects"
Agency by necessity is most often executed in moments of emergency or urgency when the key celebration just isn't available to make a decision.
The underside Line An agent is any person that's been entrusted to act on behalf of A further specific. Persons usually get in touch with upon an agent if they have to have someone with much more knowledge or whenever they do not have time to complete a job.
An agent can be a chemical substance, organism, or organic pressure that produces a particular effect by its action.
An agent is also usually liable once the agent expressly incurs a private legal responsibility by getting into into an related settlement.
Obligation not to Contend On an analogous Notice, an agent might not enter into transactions or organization that compete with a principal. This conflict of desire puts the principal in a downside as being the agent could attain trade or small business tricks during the program in the business romantic relationship.
SMART Vocabulary: associated words and phrases Global relations: spying and espionage agent provocateur anti-bug asset counter-espionage insider intel intelligence MI5 MI6 operative scout sleuthing snoop snoopy spook spy spy on anyone/anything tail tap the CIA See far more benefits »
a person who acts within an official capacity to get a authorities or private agency being a guard, detective, or spy:
Estate organizing normally sees agency by requirement. However an individual could possibly have made a will outlining how an estate ought to be disbursed at their time of Dying, there can be cases exactly where the individual turned incapacitated prior to desired adjustments to your will were manufactured. Here, agency by requirement may be employed by a reliable social gathering.
, four Sep. 2024 Product sales agents may also be hoping that The nice vibes permeating the enterprise is likely to make studios far more prepared to produce major checks and spark a click here few of the all-evening bidding wars that were absent for a while. —