Agent: Difference between revisions

Latest revision as of 22:14, 22 May 2024

n. a person who is authorized to act for another (the agent's principal) through employment, by contract or apparent authority. The importance is that the agent can bind the principal by contract or create liability if he/she causes injury while in the scope of the agency. Who is an agent and what is his/her authority are often difficult and crucial factual issues.

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	n.~~) One~~ who ~~acts~~ for, or in the ~~place~~ of~~, another, by~~ authority ~~from him; one intrusted with the business of another; a substitute; a deputy; a factor~~.		n. a person who is authorized to act for another (the agent's principal) through employment, by contract or apparent authority. The importance is that the agent can bind the principal by contract or create liability if he/she causes injury while in the scope of the agency. Who is an agent and what is his/her authority are often difficult and crucial factual issues.