Agent's Certification as to Validity of Power of Attorney and Agent's Authority - Wisconsin: Fill out & sign online

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What is the real meaning of agent?

An agent, in legal terminology, is a person who has been legally empowered to act on behalf of another person or an entity. An agent may be employed to represent a client in negotiations and other dealings with third parties.

What are the major types of agents?

There are 3 classes of agents: General agent, Special agent and Mercantile agent.

Who is called as agents?

182. Agent and principal defined. An agent is a person employed to do any act for another, or to represent another in dealings with third person. The person for whom such act is done, or who is so represented, is called the principal.

What is example of agent in business?

Two common types of agents are attorneys, who represent their clients in legal matters, and stockbrokers, who are hired by investors to make investment decisions for them. The person represented by the agent in these scenarios is called the principal.

What is general agent with example?

General agent term can refer to an employee who has enough authority to transact legal business of the company entrusted by a principal or to an individual appointed by a life or health insurer to administer its business in a given territory.

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