Veterans Exposed to Agent Orange. Veterans who were exposed to Agent Orange or other herbicides during military service may be eligible for a variety of VA benefits, including disability compensation for diseases associated with exposure. Your dependents and survivors also may be eligible for benefits.
Vocabulary: Agency & Agency Relationships. Vocabulary: Agency & Agency Relationships. The term âagencyâ is used in real estate to help determine what legal responsibilities your real estate professional owes to you and other parties in the transaction. The seller's representative (also known as a listing agent or seller's agent) is hired by and represents the seller.
DEFINITION of 'Principal-Agent Relationship'. An arrangement in which one entity legally appoints another to act on its behalf. In a principal-agent relationship, the agent acts on behalf of the principal and should not have a conflict of interest in carrying out the act.rincipal. The relationship between the principal and the agent is called the agency, and the law of agency establishes guidelines for such a relationship.