The law of agency is an area of commercial law dealing with a set of contractual, quasi-contractual and non-contractual fiduciary relationships that involve a person, called the agent, that is authorized to act on behalf of another (called the principal) to create legal relations with a third party. Succinctly, it may be referred to as the equal relationship between a principal and an agent whereby the principal, expressly or implicitly, authorizes the agent to work under his or her control and on his or her behalf. The agent is, thus, required to negotiate on behalf of the principal or bring him or her and third parties into contractual relationship. This branch of law separates and regulates the relationships between:
agents and principals (internal relationship), known as the principal-agent relationship;
agents and the third parties with whom they deal on their principals' behalf (external relationship); and
principals and the third parties when the agents deal.
In 1986, the European Communities enacted Directive 86/653/EEC on self-employed commercial agents. In the UK, this was implemented into national law in the Commercial Agents Regulations 1993.
Service provision is often an economic activity where the buyer does not generally, except by exclusive contract, obtain exclusive ownership of the thing purchased. The benefits of such a service, if priced, are held to be self-evident in the buyer's willingness to pay for it. Public services are those, that society (nation state, fiscal union, regional) as a whole pays for, through taxes and other means.
By composing and orchestrating the appropriate level of resources, skill, ingenuity, and experience for effecting specific benefits for service consumers, service providers participate in an economy without the restrictions of carrying inventory (stock) or the need to concern themselves with bulky raw materials. On the other hand, their investment in expertise does require consistent service marketing and upgrading in the face of competition.
Business services are a recognisable subset of Economic services, and share their characteristics. The essential difference is that Business are concerned about the building of Service Systems in order to deliver value to their customers and to act in the roles of Service Provider and Service Consumer.
The generic clear-cut, complete, concise and consistent definition of the service term reads as follows:
A service is a set of one time consumable and perishable benefits
delivered from the accountable service provider, mostly in close coaction with his internal and external service suppliers,
effectuated by distinct functions of technical systems and by distinct activities of individuals, respectively,
commissioned according to the needs of his service consumers by the service customer from the accountable service provider,
rendered individually to an authorized service consumer at his/her dedicated trigger,
and, finally, consumed and utilized by the triggering service consumer for executing his/her upcoming business activity or private activity.
24, 2023 /PRNewswire/ -- Blue Wheel, an omni-channel digital commerce agency with over a decade of experience, and Retail Bloom, an e-commerce marketplace agency, today announced their merger to form the joint venture, Blue Wheel ... Blue Wheel is a new breed of omni-channel digital commerce agency that services brands "from click to ship."
Information on why Customs would go to such lengths is murky, but according to the domestic and international vehicle shipping service Easy Haul, the purpose of an inspection by the governmental agency is to “prevent export or import of contraband, counterfeited, improperly declared, prohibited, embargoed, or any other goods” that don’t meet U.S.
... shipping, logistics, and marine services ... GACNorth America provides extensive ship agency services throughout the United States covering a wide range of sectors, including dry bulk, general cargo, tankers, offshore oil and gas, LNG, LPG, ro-ro and cruise.
Lamas said the agency launched the investigation several months ago after learning suspicious packages containing the chemical, which he did not name, were being shipped to the two locations from China... He said the agency was still investigating who was involved in shipping and ...
The Saudi Ports Authority, also known as Mawani, has signed a deal with Marasi Marine Services Co ... According to a SaudiPressAgency report, the Seafarers Club will be established to provide housing and entertainment services to local and international ship crews and international shipping lines.
The official added that entire East Bay Express Way in the port city had been filled with trucks waiting to enter the Gwadar Port... Import of these government cargoes offers substantial benefits to locals and will generate various economic activities and employment opportunities for locals in terms of 100% shipping agencies services by locals ... ....
The emirate's police force informed Canadian authorities that 19 shipping containers suspected to contain narcotic substances were headed their way. When the cargo was intercepted late last year, examinations confirmed that approximately 2,486kg of opium were packed into 247 shipping pallets, according to the CanadaBorder Services Agency (CBSA).
... end of his four decades in public office, boxes of material not shipped directly to the National Archives went to a temporary facility near the White House run by the General Services Agency – the same agency that shipped boxes of material to Mar-a-Lago when Trump left office.
When humanitarian agencies withdraw their services, that is a political stance contrary to the principle of neutrality ... But when humanitarian agencies go down the solidarity protest route by withdrawing their services, that is an explicitly political stance contrary to the principle of neutrality.
Next month Gwadar Port will start handling 450,000 MT of TCP wheat ... Import of these government cargoes offers substantial benefits to locals and will generate various economic activities and employment opportunities for locals in terms of 100% shipping agencies services by locals, a top priority for local transporters etc ... ....
But M&A markets aren’t closed,” Davies said ... Materials, healthcare and financials were the most active sectors by value in 2022, with healthcare making the list because it included the largest deal of the year on the continent, being the Remgro SA Shipping Agencies Services’ acquisition of South African hospital operator Mediclinic for $4.8bn.
BAE Systems is a leading provider of ship repair, maintenance, modernization, conversion, and overhaul services for the Navy, other government agencies, and select commercial customers ... workforce, seven dry-docks and railways, significant pier space, and ship support services.
A new report from Bloomberg says a ship that was going from Ukraine to China lost engine power and disrupted traffic in Egypt’s Suez Canal... A tweet from Leth Agencies, a company that provides services to vessels traversing the canal, said that 21 ships were stopped while traveling southbound when Glory broke down.
Traffic in the canal resumed after the ship was refloated and 51 vessels were expected to pass through the waterway in both directions Monday, Rabei’s statement added ...Canal services firm Leth Agencies posted a map that suggested the ship was against the west bank of the canal, pointed south and not wedged across the channel.