Brownsville. Brownsville (cob.us) is one of the most southern cities in Texas, just north of the Mexican border. The city acts as the gateway to Padre Island, a national park, and to the Gulf of Mexico.
In business, a principal is a person with primary authority and responsibility to make decisions. The principal is often an owner, operator, partner or high-ranking manager.rincipal-Agent Examples. In a real estate office, a broker is a principal, and other agents act on his behalf in the office. If an agent acts illegally, the office and principal broker face potential liability.
What is a 'Parent Company' A parent company is a company that controls other, smaller businesses by owning an influential amount of voting stock or control. Parent companies are typically larger firms that exhibit control over one or more small subsidiaries in either the same industry or complimentary industries.