BU231 Lecture Notes - Lecture 8: Canada Revenue Agency, Individual And Group Rights, Breach (Security Exploit)

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Allow a third party to have contractual rights against the principal. Slang approach to use of the word agent": secret agent" is the antithesis of what an agent is. Imperfect use of the legal name: insurance agent would be closer: they come in 2 forms, depending on business model (how do they want their products to be sold) exclusive agents. Don"t necessarily seek approval and mistakenly think they are our agent, but they work for the company. Independent agents shop the marketplace for you to find you the best company to meet your personal needs. The vendor will hire a listing agent (typically buy the right for them to put your house on the multiple lists of all the houses on sale in the area). Realtors searched through these lists to find appropriate houses for their customers. Many homeowners realized that they didn"t need realtors to buy homes. Now you can put your own house on the list.

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