It is basically the company or an organisation which can function on behalf of another without may or may not assuming any monetary risk whatsoever in any form. It is this point which makes him different from a dealer who undergoes a financial obligation.
Example : Advertising Agent, Insurance Agent, Service Agent. A typical example is the insurance agent and also financial agent. They represent the company to sell the financial instruments. They might get commission for the same per sale.
Example : Advertising Agent, Insurance Agent, Service Agent. A typical example is the insurance agent and also financial agent. They represent the company to sell the financial instruments. They might get commission for the same per sale.