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.
In general usage principal refers to a person who plays an important role or holds a high position: Last week, there was a meeting among the principals in the deal. In legal and financial English, however, principal is often a noun (from principal person).In the law of agency, the principal is the one on whose behalf the agent acts: She attended the meeting as the agent of a principal who wished to remain anonymous.n general usage principal refers to a person who plays an important role or holds a high position: Last week, there was a meeting among the principals in the deal. In legal and financial English, however, principal is often a noun (from principal person).