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STATEMENT OF FACTS Petrol Stations For the purposes of this Statement of Fact, you, the Broker are acting at all times as the agent of the Client and not of the Robertson Low Insurances Ltd., and
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The law of agency final refers to the legal principles governing the relationship between agents and principals, which encompass the authority and duties of agents when acting on behalf of principals in business transactions.
Typically, agents who engage in business transactions on behalf of a principal are required to file law of agency final disclosures, ensuring compliance with relevant legal and regulatory obligations.
To fill out the law of agency final, agents must provide accurate information regarding the principal, the nature of the agency relationship, details of transactions conducted, and any necessary disclosures in accordance with state or federal regulations.
The purpose of the law of agency final is to ensure transparency and accountability in the actions of agents acting on behalf of principals, protecting the interests of all parties involved in a transaction.
Information that must be reported on the law of agency final includes the identities of both the agent and the principal, a description of the duties performed, transaction details, and any compensation or fees involved.
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