Examlex
You do not need to establish your credibility when attempting to persuade others.
Agency Relationship
A legal and fiduciary relationship where one party, the agent, acts on behalf of another, the principal, in business transactions.
Agent's Negligence
A failure by an agent to exercise the care, diligence, and skill that a reasonably prudent person would exercise in similar circumstances.
Principal
Principal refers to the original sum of money loaned or invested, before interest, or the main party to a transaction or agreement.
Damages
A sum of money awarded in compensation for loss or injury caused by the wrongful act of another party.
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