Ballast takes many forms. The simplest form of ballast used in small day sailers is so-called live ballast, or the weight of the crew. By sitting on the windward side of the hull, the heeling moment must lift the weight of the crew.
The Principal-Agent Relationship. A principal-agent relationship is an arrangement between two or more individuals. Specifically, the agent of the relationship performs a task on behalf of the principal. This is often due to different degrees of knowledge and skills.
agent n a person who is authorized to act for another the agent s principal through employment by contract or apparent authority the importance is that the agent can bind the principal by contract or create liability if he she causes injury while in the scope of the agencyn agent is an attorney who transacts the business of another attorney 2 the agent owes to his principal the unremitted exertions of his skill and ability and that all his transactions in that character shall be distinguished by punctuality honor and integrity lee s dict of practice