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The law of agency is an area of commercial law dealing with a set of contractual, quasi-contractual and non-contractual fiduciary relationships that involve a person, called the agent, who is authorized to act on behalf of another (called the principal) to create legal relations with a third party. [1]
In commercial law, a principal is a person, legal or natural, who authorizes an agent to act to create one or more legal relationships with a third party.This branch of law is called agency and relies on the common law proposition qui facit per alium, facit per se (from Latin: "he who acts through another, acts personally").
In United States business law, a registered agent (also known as a resident agent, [1] statutory agent, [2] or agent for service of process [3]) is a business or individual designated to receive service of process (SOP) when a business entity is a party in a legal action such as a lawsuit or summons. [4]
The one authorized to act is the agent, [1] attorney, or in some common law jurisdictions, the attorney-in-fact. Formerly, the term "power" referred to an instrument signed under seal while a "letter" was an instrument under hand, meaning that it was simply signed by the parties, but today a power of attorney does not need to be signed under seal.
An agent who acts within the scope of authority conferred by their principal binds the principal in the obligations the agent creates with third parties. There are essentially two kinds of authority recognised in the law: actual authority (whether express or implied) and apparent authority.
Jude Law says of the plot of "The Order," his film with director Justin Kurzel based on the true story of a neo-Nazi crime organization. ... “The Order” stars Law as Terry Husk, an FBI agent ...
Signed into law by President Franklin D. Roosevelt on June 8, 1938 The Foreign Agents Registration Act ( FARA ) ( 22 U.S.C. § 611 et seq. ) is a United States law that imposes public disclosure obligations on persons representing foreign interests .
The law requires organisations receiving more than 20% of their funding from abroad to register as agents of foreign influence, with stringent disclosure requirements and punitive fines for violators.