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Legal provisions for company entrustment of agents

1. If the authorization for agency is in written form, the power of attorney shall state the name of the agent, matters of agency, authority and period, and shall be signed or sealed by the principal. 2. If several persons are agents for the same agency matter, they shall exercise their agency rights together, unless otherwise agreed by the parties. 3. If the agent knows or should know that the agency matter is illegal but still performs the agency act, or the principal knows or should know that the agent's agency act is illegal but does not object, the principal and the agent shall bear joint and several liability.

1. What are the regulations for authorization of agency? 1. If the authorization of agency is in written form, the power of attorney shall state the name of the agent, matters of agency, authority and period, and shall be signed by Signed or stamped by the agent. 2. If several persons are agents for the same agency matter, they shall exercise their agency rights together, unless otherwise agreed by the parties. 3. If the agent knows or should know that the agency matter is illegal but still performs the agency act, or the principal knows or should know that the agent's agency act is illegal but does not object, the principal and the agent shall bear joint and several liability. 4. The agent shall not perform civil legal acts with himself in the name of the principal, except with the consent or ratification of the principal. An agent shall not perform civil legal acts in the name of the principal with other persons for whom he or she is acting at the same time, unless both parties of the principal agree or ratify the act. 5. If the agent needs to entrust a third party to act as agent, he must obtain the consent or ratification of the principal. If the sub-agency is approved or ratified by the principal, the principal may directly instruct the entrusted third party regarding the agency affairs. The agent shall only be responsible for the selection of the third party and the instructions given to the third party. If an agent is entrusted without the consent or ratification of the principal, the agent shall bear responsibility for the acts of the third party entrusted. However, in an emergency, the agent needs to entrust a third party to act as an agent in order to protect the interests of the principal. except. 6. Personnel who perform work tasks for a legal person or an unincorporated organization shall perform civil legal acts in the name of a legal person or an unincorporated organization on matters within the scope of their powers, which shall be effective against the legal person or unincorporated organization. Any restrictions imposed by a legal person or unincorporated organization on the scope of authority of persons performing their work tasks shall not conflict with bona fide counterparts. 7. If the actor has no agency authority, exceeds the agency authority, or still performs agency behavior after the agency authority is terminated, it will not be effective against the principal without ratification by the principal. The counterparty may urge the principal to ratify it within one month from the date of receipt of the notice. If the principal fails to make any representation, it shall be deemed as a refusal to ratify. Before the act performed by the actor is ratified, the counterparty in good faith has the right to revoke it. Cancellation shall be made by notification. If the act performed by the actor has not been ratified, the counterparty in good faith has the right to request the actor to perform the debt or to request compensation from the actor for the damage suffered, but the scope of compensation shall not exceed the benefits that the counterparty could obtain when ratified by the agent. If the counterparty knows or should know that the actor has no authority to act, the counterparty and the perpetrator shall bear liability according to their respective faults. 8. If the actor has no agency power, exceeds the agency power, or still performs agency behavior after the termination of the agency power, and the counterparty has reason to believe that the actor has agency power, the agency behavior is valid.

2. What are the legal responsibilities of the authorized client? The client operates in accordance with the company's instructions and will not be held liable if there is no fault. Have legal effect. 1. As long as the trustee performs the act within the scope of the entrusted authority and in the name of the principal, the principal shall bear all responsibilities and enjoy all rights. As a trustee, you have no responsibilities. 2. If the trustee is intentional or grossly negligent when performing the entrusted act, the principal can only hold the trustee accountable after assuming all responsibilities. Article 162 of the Civil Code (effective from January 1, 2021): Civil legal acts performed by an agent in the name of the principal within the scope of agency authority shall be effective against the principal. Article 163: Agency includes principal agent and legal agent. The authorized agent exercises agency power in accordance with the principal's entrustment. The legal agent shall exercise the power of agency in accordance with the provisions of the law. Article 167 If the agent knows or should know that the agency matters are illegal but still performs agency acts, or the principal knows or should know that the agent's agency acts are illegal but does not object, the principal and the agent shall be jointly and severally liable. responsibility. If the actor has no agency authority, exceeds the agency authority, or the contract is entered into in the name of the principal after the agency authority is terminated, if it is not ratified by the principal, it will not be effective for the principal, and the actor will bear the responsibility. The counterparty may urge the principal to ratify it within one month. If the principal fails to make any representation, it shall be deemed as a refusal to ratify. Before the contract is ratified, the bona fide counterparty has the right to revoke it. Cancellation shall be made by notification. If the actor has no agency power, exceeds the agency power, or enters into a contract in the name of the principal after the agency power is terminated, and the counterparty has reason to believe that the actor has the agency power, the agency act is valid. If a contract is entered into by a legal representative or responsible person of a legal person or other organization who exceeds his or her authority, the representative act shall be valid unless the counterparty knows or should know that he or she has exceeded his or her authority. If a person without the right to dispose disposes of another person's property and the right holder ratifies it or the person without the right to dispose obtains the right to dispose of the property after entering into a contract, the contract shall be valid.

3. What is the difference between an authorized principal and an authorized principal? An authorized principal is a person entrusted to handle related matters on his behalf. Authorized person: A person who is entrusted to act for another person. The authorized principal is generally called the principal in practice, and the authorized principal is generally called the trustee in general practice. Authorizing an agent must be in the form of written authorization. The agent can only exercise his powers within the scope of authorization. Otherwise, the agency behavior will not have legal consequences for the principal. The agency behavior will end when a legal or agreed reason occurs. , the agent shall no longer engage in relevant activities in the name of the principal.