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Representative office

Representation is a relationship by virtue of which one person (representative) performs legal actions on behalf of another person (represented), and the legal consequences of these actions, if committed within the authority granted to the representative, arise directly for the represented. Representation is based on authority arising either by virtue of a personal statement submitted, usually associated with a representative by a special agreement on representation (contractual representation), or by virtue of a law granting such a right to persons with parental and guardian rights (legal representation). Empowerment can be not only directly expressed, but also implied. The development of the institution of representation was associated with the development of the capitalist mode of production. With the enlargement of enterprises, the functions of managing production, sales, and banking were systematically complicated, and at the same time, the need to identify and expand a special category of workers performing the management function for owners increased. As a result of the development of trade, various forms of trade representation are also developing, to which civil and commercial legislation began to pay great attention, providing for various clear regulation of the internal relations between the representative and the representative and the relations of the represented persons with third parties in connection with the representation.

You will immediately begin to think more broadly, owning complete information. You can find out even more interesting information about this topic and not only - https://en.wikipedia.org/wiki/Representative_office


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