An agency contract is an agreement between the parties whereby one party being the agent is authorized by the other party being the principal to commit on behalf of the principal to perform one or more transactions as authorized and for the benefit of the other party to receive a remuneration agreed upon by the parties on the amount and the term of payment.
However, in fact, in many cases, one of the two parties in the agency contract has violated its obligations, especially the payment and delivery obligations, the obligation to ensure the exclusive rights of the agent or the unilateral termination of contract ahead of time, etc. which lead to many disputes.
So, what are the necessary notes for the parties in drafting, signing and performing agency contracts? This is the main content of “Business and Law” program No. 547 through the discussion of experts via online with the topic: Disputes on agency contracts for the sale of goods.
Mr. Nguyen Hung Quang, Managing Partner of NHQuang&Associates is one of the two guests of this program.
Watch the full video at: https://youtu.be/kxYgyJoKAIU