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 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.