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===[[Broker | ===[[Broker dealer]]s=== | ||
An Intermediary acts as True Agent if, acting on Buyer’s behalf, it agrees the purchase of an Asset from Seller by Buyer. | An Intermediary acts as True Agent if, acting on Buyer’s behalf, it agrees the purchase of an Asset from Seller by Buyer. | ||
*True Agent acts at all times on Buyer’s behalf and never in its own capacity. | *True Agent acts at all times on Buyer’s behalf and never in its own capacity. | ||