Tuesday, May 14, 2019

Legal Advice Essay Example | Topics and Well Written Essays - 1750 words

Legal Advice - Essay ExampleApparently, Heather had complied with her duties as a commercial-grade agent. The law mandates these agents to look after the interest of the principle and action in utmost good corporate trust put efforts in making negotiations and where possible concludes sales comply with the principles instructions and communicate with the principle on necessary information. On the other hand, the principle has the duties of informing the agents within an appropriate period on the refusal or acceptance of the procured transactions of their agents. The remunerations regulations of commercial agents stipulate that an agent is authorize to commissions accrued on transactions cogitate within the confines of the period of the contract. Moreover, the agent is also entitled to transactional commissions within the period of contract of the business office especially where the agent has exclusive right to a geographical setting or particular particularized clients. This a bove entitlement is only viable if the transaction entered into is within the geographical area in question or the group highlighted above . The regulations on commercial agency also stipulate that the agents to commercial firms are entitled to commissions on concluded transactions even after the contract has been terminated. This regulation is conscious to the agents effort during the contract period and the transaction ought to have been entered into within a period that is reasonable by incorporating the terminated contract . What complicates Heathers case is that their agreement with the company.

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