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.
n. the relationship of a person (called the agent) who acts on behalf of another person, company, or government, known as the principal. Agency may arise when an employer (principal) and employee (agent), asks someone to make a delivery or names someone as an agent in a contract.The basic rule is that the principal becomes responsible for the acts of the agent, and the agent's acts are like those of the principal (Latin: respondeat superior).gency may arise when an employer (principal) and employee (agent), asks someone to make a delivery or names someone as an agent in a contract. The basic rule is that the principal becomes responsible for the acts of the agent, and the agent's acts are like those of the principal (Latin: respondeat superior).