„Commission“
What does Commission stand for?
1. A board or committee officially appointed to perform certain functions or exercise certain jurisdiction of a public nature.
2. The amount paid by a principal to an agent for their role in the completion of a transaction involving the sale of goods or services.
3.The authority under which one acts, transacts business or negotiates for another.
Source:
Financial and BankingView all itemsSullivan, E. Thomas. “The Law of Agency and Partnership.” West Group, 1996.
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