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What does it mean to authorize a principal?

How to distinguish the authorized principal and the authorized principal

Authorized principal: According to the "General Principles of the People's Republic of China and the Civil Law", it stipulates that "Article 63 Citizens A legal person may perform civil legal acts through an agent. The agent shall perform civil legal acts in the name of the principal within the scope of agency authority. The principal shall bear civil liability for the agent's acts in accordance with the provisions of the law or in accordance with the provisions of both parties. It is agreed that civil legal acts that should be performed by the principal shall not be performed by an agent." "Article 66 If there is no agency power, the agency exceeds the agency power, or the agency power is terminated, the principal will only bear the civil liability after ratification by the principal. Liability. For acts that have not been ratified, the perpetrator shall bear civil liability. If the person knows that another person has performed a civil act in his own name and does not deny it, it shall be deemed that the agent knows the matters for which he is entrusted. If the agent still carries out agency activities despite violating the law, or if the principal knows that the agent's agency behavior is illegal and does not object, the principal and the agent shall be jointly and severally liable."

According to the above regulations, the relevant situation can be explained. It is impossible to evade responsibility if you clearly do not do it intentionally. Authorized principal: An authorized principal refers to a person who accepts the entrustment of the principal to engage in civil and commercial activities or litigation or arbitration activities on behalf of the principal. The civil and commercial legal acts performed by the principal within the authority authorized by the principal shall be effective against the principal. A person with full capacity for civil conduct can become a principal. The principal who engages in commercial activities under authorization is also called a broker. The principal who engages in civil litigation and arbitration activities under authorization is also called an agent. Other non-standard terms: trustee, trustee. It is recommended that you do not use this term. It is very crude and poor! Corresponding titles: Plaintiff VS Defendant Applicant VS Respondent

What is the difference between the authorized principal and the authorized principal? 50 points

Authorized principal: The person you entrust to handle related matters on your behalf.

Authorized principal: A person who is entrusted to perform tasks for others.

In practice, the authorized principal is generally called the principal, and the authorized principal is generally called the trustee.

What does the name and position of the legal representative or authorized principal mean?

1. Legal representative:

1. It is a definite legal concept, statutory A representative is a person who can represent a legal person, so it is also called a legal representative;

2. It refers to the person in charge who exercises authority on behalf of the legal person in accordance with the law or the legal person's articles of association, and is the legal representative of the legal person. If there is no official position, the deputy person in charge of the work shall serve as the legal representative. For a legal person with a board of directors, the chairman shall be the legal representative. For a legal person without a chairman, the person in charge authorized by the board of directors may serve as the legal representative of the legal person.

3. However, if the representative’s behavior exceeds the scope of rights granted by the legal person, the legal person may bear liability for it.

2. Authorized principal: refers to the person who authorizes another person to act for a certain matter, that is, the principal, and the counterparty is the principal or agent; (here specifically refers to the agent entrusted by the legal representative) people).

3. Position:

1. Refers to the *** or collective name of a series of positions of considerable quantity and importance within the organization;

2. A group of positions with similar or identical key responsibilities. The names for positions in various industries mainly introduce what kind of work is done.

What does the principal mean?

Hello classmate, I am happy to answer your questions!

The word you are talking about is one of the vocabulary of futures practitioners. Mastering the vocabulary of futures practitioners can help you learn the futures profession like a fish in water. The translation and meaning of this word are as follows: it refers to entrusting others to do so. A person who handles affairs for himself. In the securities brokerage business, the principal refers to the natural person or legal person who can buy and sell securities in accordance with national laws and regulations. Refers to citizens, legal persons or other organizations (also known as sellers) who entrust a company to auction auction items or property rights over which they have ownership or disposal rights.

I hope that the answers from Gaodun Online School can help you solve your problems. More futures industry issues are welcome to be submitted to Gaodun Enterprise.

Gordon wishes you a happy life!

What does company authorization mean?

Company authorization means authorizing another person or company to act as an agent for a certain business. The company is the principal, the agent is the principal, and the principal Things must be done within the scope of authorization and entrustment by the principal. To put it simply, you give someone else money and ask them to do something for you according to your request.

What does it mean that the principal has no right to sub-entrust?

The person who accepts the affairs entrusted by the principal (the trustee) entrusts another person to handle the entrusted affairs, that is, Sub-delegation. In order to prevent the trustee from abusing the right to sub-entrust, the principal usually directly expresses in the power of attorney whether the trustee is allowed to sub-entrust. Article 68 of the General Principles of the Civil Law stipulates: “If an entrusted agent needs to entrust another person to act for the benefit of the principal, the principal’s consent must be obtained in advance.

If the principal's consent has not been obtained in advance, the principal shall be promptly informed afterwards. If the principal does not agree, the agent shall bear civil liability for the actions of the person to whom he has entrusted the agent. However, in an emergency, in order to protect the principal, Except for entrusting another person to act for the benefit of another person. "Although according to Article 400 of the Contract Law, "the trustee shall personally handle the entrusted affairs. With the consent of the principal, the trustee may sub-agent. If the sub-entrustment is approved, the principal may directly instruct the entrusted third party regarding the entrusted matters, and the trustee shall only be responsible for the selection and appointment of the third party and the instructions given to the third party. If the entrustment is made without consent, the trustee shall bear responsibility for the actions of the third party to whom the entrustment is made, except in emergencies where the trustee needs to make the entrustment in order to safeguard the interests of the person entrusting the person." The entrustment you issued to your friend It is clearly stated in the book that "the client has no right to transfer the power of attorney." The way your friend uses the power of attorney notarization you have done for him to make small-amount payments outside, to borrow money from others, and to use the power of attorney certificate to pledge is inconsistent with your practice. It has nothing to do with it, but it is still recommended to go to the notary office as soon as possible to get the revocation notarization to avoid unnecessary disputes.

Are authorized agents and authorized agents the same concept?

Yes

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What kind of entrustment authority does the power of attorney have?

According to Article 59 of the Civil Procedure Law, the authority of entrustment is divided into general entrustment and special entrustment. An agent can only act on behalf of the principal for litigation actions, but has no right to dispose of litigation rights and substantive rights; a special entrusted agent can dispose of litigation rights and substantive rights according to the special authorization of the principal, in addition to acting for the principal's litigation actions. , such as admitting, giving up or changing the claim, making settlements, filing counterclaims or appeals on behalf of the parties

Who is the authorized person of Zongheng Law Network Guizhu Lawyer?

< p> A principal refers to a person who entrusts others to handle affairs for him or her. In the securities brokerage business, a principal refers to a natural person or legal person who can buy and sell securities in accordance with national laws and regulations.

Yes. Refers to the citizen, legal person or other organization (also known as the seller) who entrusts the company to auction the auction items or property rights for which it has ownership or disposal rights.

During the trust process, the rights of the consignor:

(1) The right to request the selection of a trust manager;

(2) The right to enforce the trust property and raise objections;

(3) Request to change the trust The right to management methods;

(4) When the trustee mismanages or violates the trust contract, the right to demand compensation for the loss of trust property and the restoration of the trust property;

(5) The right to request the court to inspect the handling of trust affairs;

(6) The right to undertake the resignation of the trustee;

(7) The right to request the dismissal of the trustee;< /p>

(8) When the trust ends and there is no property owner specified in the trust act, the right to obtain the trust property;

(9) When the trustor enjoys all the trust benefits (self-benefit trust). The right to terminate the trust relationship.

What does it mean for a legal person to authorize a principal? Should it be signed by the principal or the attorney? 30 points

Lawyer’s answer:

It is the agent authorized by the unit or company to handle a certain business. During the authorization period, it is signed by the authorized person, that is, the principal!