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2. Principal–agent problem - Wikipedia

   en.wikipedia.org/wiki/Principal–agent_problem

   The principal–agent problem typically arises where the two parties have different interests and asymmetric information (the agent having more information), such that the principal cannot directly ensure that the agent is always acting in the principal's best interest, particularly when activities that are useful to the principal are costly to ...

3. Undisclosed principal - Wikipedia

   en.wikipedia.org/wiki/Undisclosed_principal

   The undisclosed principal concept often arises in the context of real estate transactions, where a buyer risks a seller being less inclined to sell land, risks a seller demanding a higher price, or risks a seller becoming a holdout if the seller knows or can guess the identity of the buyer or the buyer's intended purpose for the land which would afford the land a higher value.

4. Law of agency - Wikipedia

   en.wikipedia.org/wiki/Law_of_agency

   The law of agency is an area of commercial law dealing with a set of contractual, quasi-contractual and non-contractual fiduciary relationships that involve a person, called the agent, who is authorized to act on behalf of another (called the principal) to create legal relations with a third party. [1]

5. Agency agreement - Wikipedia

   en.wikipedia.org/wiki/Agency_agreement

   An agency agreement is a legal contract creating a fiduciary relationship whereby the first party ("the principal") agrees that the actions of a second party ("the agent") binds the principal to later agreements made by the agent as if the principal had himself personally made the later agreements.

6. Moral hazard - Wikipedia

   en.wikipedia.org/wiki/Moral_hazard

   This theory is a key concept used to explore and resolve issues that have arisen within the relationship of agents and principals, which is known as the principal-agent problem. [41] The theory is subdivided into two categories: (1) the moral hazard model and; (2) the adverse selection model. To summarise the latter, adverse selection arises ...

7. Real Estate Agents: 11 Signs It’s Time To Sell Your Home - AOL

   www.aol.com/real-estate-agents-11-signs...

   “For example,” Peak said, “unexpected medical bills, trouble paying a mortgage or even with last year’s rise in inflation, many homeowners felt more squeezed trying to make ends meet ...

8. Multiple principal problem - Wikipedia

   en.wikipedia.org/wiki/Multiple_principal_problem

   When one person or entity (an agent) acts on behalf of another person or entity (a principal), a principal–agent relationship exists. [4] There are often benefits to these relationships, usually because the agent has some expertise the principal does not have. However, this type of relationship also causes some problems for the principal.

9. Principal (commercial law) - Wikipedia

   en.wikipedia.org/wiki/Principal_(commercial_law)

   In commercial law, a principal is a person, legal or natural, who authorizes an agent to act to create one or more legal relationships with a third party.This branch of law is called agency and relies on the common law proposition qui facit per alium, facit per se (from Latin: "he who acts through another, acts personally").