MLchartDataset catalogue

Principal

Term · Law · MLC-T-LAW-003896

The party who authorizes another, known as an agent, to act on their behalf in legal or business matters. The principal is legally bound by the actions of their agent within the scope of the agent's authority. This relationship forms the basis of agency law.

Table 1. Record
IdentifierMLC-T-LAW-003896
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-003896",
  "term": "Principal",
  "field": "Law",
  "definition": "The party who authorizes another, known as an agent, to act on their behalf in legal or business matters. The principal is legally bound by the actions of their agent within the scope of the agent's authority. This relationship forms the basis of agency law.",
  "url": "https://mlchart.com/terminology/law/principal/"
}

Record 3,930 of 5,445 in Law terminology (MLC-0107). Request the full dataset.