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.
by Albert Gurevich on June 29, 2011. A Power of Attorney creates a legal relationship between the principal and the agent. By agreeing to act as a Power of Attorney, the agent agrees to act in accordance with the principalâs instructions, or if there are no instructions, to act in the best interest of the principal.