undisclosed principal — a person of whose existence a third party is unaware so that the third party does not know that the person with whom he is dealing is an agent. So far as he is concerned, the agent is really a principal dealing on his own behalf and in his own… … Law dictionary
agent — n 1: someone or something that acts or exerts power: a moving force in achieving some result 2: a person guided or instigated by another in some action where the heads of departments are the political...agent s of the executive, merely to execute … Law dictionary
agent — 1) Any person appointed by another (the principal) to act on his or her behalf. See agency relationship 2) In contract law, a person appointed by a principal to negotiate a contract between the principal and a third party. If an agent discloses… … Big dictionary of business and management
Undisclosed principal — In the field of law, the term undisclosed principal relates mainly to the liability of an agent for obligations incurred on behalf of a principal. If the agent does not disclose the nature of his agency (the fact that he acts on behalf of… … Wikipedia
Agent Orange — thumb|right|250px|A UH 1D helicopter from the336th Aviation Company sprays a defoliation agent on a dense jungle area in the Mekong Delta. 07/26/1969/National Archives photograph. Agent Orange is the code name for a powerful herbicide and… … Wikipedia
Agent (law) — For other uses of the word Agent, see Agent (disambiguation). This is correctAn Agent in Commercial Law is a person who is authorised to act on behalf of another (called the Principal) to create a legal relationship with a Third Party. Section… … Wikipedia
undisclosed principal — A person who buys or sells through an agent or broker and remains anonymous. The agent or broker must disclose when dealing on behalf of an undisclosed principal; failure to do so may result in the agent being treated in law as the principal and… … Big dictionary of business and management
undisclosed principal — A principal whose identify is unknown to a third person who deals with his agent, knowing that the latter is acting for some principal. The principal in an undisclosed agency. 3 Am J2d Agency § 307. See undisclosed agency … Ballentine's law dictionary
undisclosed factoring — A form of factoring in which the seller of goods does not wish to disclose the use made of a factor. In these circumstances, the factor buys the goods that have been sold (rather than the debt their sale incurred) and, as an undisclosed principal … Big dictionary of business and management
undisclosed principal — A person who uses an agent for his or her negotiations with a third party, often with the agent seeming to be acting for himself or herself. This means that in a dispute, the third party may not know who the real principal is … Business law dictionary
