Examlex
It is more profitable for marketers to keep existing customers than to acquire new ones.
Agency Law
The legal framework that regulates the relationship between agents who are authorized to act on behalf of principals, and the principals themselves, establishing duties and rights.
Sale Of Goods
The transaction between a buyer and a seller in which the ownership of physical products is transferred from the seller to the buyer for a price.
Capacity To Contract
The legal ability of a party to enter into binding contracts, typically requiring legal age and mental competency.
Agent
An agent is a person or entity authorized to act on behalf of another person or entity, known as the principal, in legal or business matters.
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