Hence, there are not any restrictions on the category of possible contractual arrangements between principal and agent. In the context of public administration, the principal-agent problem may be seen in such a way where public administration and bureaucrats are the brokers and politicians and ministers are the principal authorities. Ministers in the authorities often command by framing insurance policies and direct the bureaucrats to implement the public policies.
- An agent could also be authorized to represent a shopper in negotiations and different dealings with third events or may have decision-making authority.
- The Claims Customer Care group was designed to assist our agency partners with claims questions and escalations.
- See Option pricing approaches beneath Business valuation for additional discussion.
- To use agent forwarding, the ForwardAgent choice should be set to sure on the client and the AllowAgentForwarding possibility should be set to yes on the server .
- This showed that when