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''For the wonderful world of {{tag|MiFID}} categorisation, and for a convoluted answer to the question “who’s client”? see [[Client - FCA Provision]]'' | |||
A source of far more angst than you would expect amongst the professional classes. An {{tag|agent}} is one fellow who represents ''another'' fellow. | A source of far more angst than you would expect amongst the professional classes. An {{tag|agent}} is one fellow who represents ''another'' fellow. | ||
===Don’t shoot the messenger=== | ===Don’t shoot the messenger=== | ||
When it comes to entering a {{tag|contract}}, an {{tag|agent}} enters legal relations on behalf of {{sex|his}} {{tag|principal}} and, in general terms, tries not to take on any personal responsibility {{sex|himself}}. The contract remains between the principal and the third party. | When it comes to entering a {{tag|contract}}, an {{tag|agent}} enters legal relations on behalf of {{sex|his}} {{tag|principal}} and, in general terms, tries not to take on any personal responsibility {{sex|himself}}. The contract remains between the principal and the third party. | ||
But you soon encounter a thicket of confusion from which you may never emerge and which you will almost certainly regret ever entering. | But you soon encounter a thicket of confusion from which you may never emerge and which you will almost certainly regret ever entering. What if the agent doesn't tell the third party who the [[principal]] is? What if the agent doesn't even let on that she’s an agent? | ||
===It takes three to tango=== | ===It takes three to tango=== |