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In this way it resembles playing {{tag|cricket}} with a [[runner]]. Anyone who has ever done that will know the boundless possibilities for confusion and acrimony it presents. | In this way it resembles playing {{tag|cricket}} with a [[runner]]. Anyone who has ever done that will know the boundless possibilities for confusion and acrimony it presents. | ||
===At least ''two''=== | |||
From time to time resourceful structurers might try to overcome an accounting problem, or a booking issue between two desks, by interposing an agency arrangement in the middle of a transaction which, otherwise, has the same entity at either end of it. Won’t work. It won’t work even if the agent is a third party — legally, it just vanishes — and it ''certainly'' won’t work if the agent is the same entity as the principal. ''[[Nemo agens in causa sua]]'', as the [[JC]] likes to say. | |||
===[[Capacity and authority]]=== | ===[[Capacity and authority]]=== | ||