Laura is generally used as a girl's name. It consists of 5 letters and 2 syllables and is pronounced Lau-ra. In the U.S. in 2014, it ranked 318 in baby name popularity for girls with 1038 occurrences.
Sudhir Singh. Advertisements: Duties of an Agent: 1. To conduct principal's business according to his directions (Sec. 211): By far the most important duty of the agent is to carry out the lawful directions of his principal.
Definition of principal/agent problem. The problem of motivating one party (the agent) to act on behalf of another (the principal) is known as the principal-agent problem, or agency problem for short. Agency problems arise in a variety of different contexts.