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Created when contract provides for agent to pay principal for right to continue acting as agent with purpose to obtain further reimbursement, and where agent has ownership or other interest in thing being managed or disposed of.
Examples:
"I will agree to buy product inventory from you and sell it in your name, and I will keep the profits."
"You authorize me to sub-let the warehouse spaces in your company name as long as I pay you my rent on the whole warehouse."
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∙ 16y ago
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You have the power of attorney which type of agent or you special agent single agent universal agent or agency coupled with interest?
universal agent
Can you be charged interest on medical bills by a collection agency?
Yes, unfortunately a collection agency can charge interest and other fees when they obtain a debt.
What has the author Michael W McRell written?
Michael W. McRell has written: 'Demonstration of the direct earth-coupled heat pump'
Is the fda an interest group?
No. It is a government agency.
What is a captured agency?
Agency Capture occurs when a public interest agency is put to the task of regulating another agency, but in the end is actually controled by the agency they were supposed to regulate.
What agency sets the interest rate on loans?
The agency responsible for setting interest rates on loans is the Federal Reserve Board. The interest rate on loans is tied into the rate of inflation and the GNP or Gross National Product.
Can a collection agency collect late fees interest?
No.
A person agency or interest group who is not a party to a case but who has an interest in its outcome may file?
Amicus Curiae
Can a collection agency charge interest on a debt?
In some situations interest and accompanying collection fees can be assessed.
What has the author Bernard W Dempsey written?
Bernard W. Dempsey has written: 'Interest and usury' -- subject(s): Usury, Interest
What is the main reason that an agency relationship exisist in corporations?
when an employee work in the best interest of the organisation
What has the author Brian W Cashell written?
Brian W Cashell has written: 'Interest rates' -- subject(s): Interest rates, Statistics
