You may have already noticed that when talking about business many terms like enterprise, business and company are often been used as synonyms. But are those really all the same terms? What shall you unterstand by each of those individual terms? Which legal differences shall you be informed about? If you are talking about an…
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Agency Agreement between the company ………………………. (name of the company and location of the headquarter) – hereinafter referred to as company – and Mr. / Company ……………………………. (name of the sales representative, address) – hereinafter referred to as commercial agent- § 1 Legal status of the commercial agent The commercial agent acts…
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The commercial agent may have the right for a settlement claim at the end of the contractual agreement. This settlement represents the compensation for services provided by the commercial agent, which also have a beneficial effect on the entrepreneur after the contractual relationships has ended. The appropriate compensation therefore related to expected sales to the…
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