Examlex
Staying power is important for consumers of technology products because investment over time usually greatly exceeds the initial price paid for a product or service
Agency Relationship
A legal and consensual arrangement where one party, the agent, acts on behalf of another, the principal, in dealings with third parties.
Intent
The purpose or mindset with which an individual acts, significant in both criminal and civil law to determine culpability or liability.
Principal
In agency law, a person who agrees to have another, called the agent, act on his or her behalf.
Agency Relationship
A legal and fiduciary relationship between two parties, where one (the agent) is authorized to act on behalf of the other (the principal) in business dealings.
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