Principal (commercial law)

id: principal-commercial-law-307-15786217
title: Principal (commercial law)
text: In commercial law, a principal is a person, legal or natural, who authorizes an agent to act to create one or more legal relationships with a third party. This branch of law is called agency and relies on the common law proposition qui facit per alium, facit per se. It is a parallel concept to vicarious liability in criminal law or torts.
brand slug: wiki
category slug: encyclopedia
description: Person who authorizes an agent to create legal relationships with a third party
original url: https://en.wikipedia.org/wiki/Principal_(commercial_law)
date created:
date modified: 2023-09-20T05:10:37Z
main entity: {"identifier":"Q13365589","url":"https://www.wikidata.org/entity/Q13365589"}
image:
fields total: 13
integrity: 14

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