Agent Agreement
/ˈeɪdʒənt əˈɡriːmənt/
Definitions
- (n.) A contractual arrangement where one party (the principal) appoints another (the agent) to act on their behalf in business transactions.
The company signed an agent agreement granting the representative authority to negotiate deals.
Forms
- agent agreement
- agent agreements
Related terms
See also
Commentary
Agent agreements must clearly define the scope of authority and duties of the agent to avoid disputes over unauthorized acts.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.