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LSDefine

Simple English definitions for legal terms

successor agent

Read a random definition: temporary taking

A quick definition of successor agent:

A successor agent is someone who is appointed by a person to act as their agent if their original agent is unable or unwilling to perform their duties. An agent is someone who is authorized to act for or in place of another person. They can be anyone who is capable of performing the required functions, and they bind their principal (the person they are acting for) by the contracts they make. A successor agent is like a backup agent who takes over if the original agent can't do their job.

A more thorough explanation:

Definition: A successor agent is an agent appointed by a principal to act in place of a primary agent who is unable or unwilling to perform their duties.

Example: A company hires a primary agent to negotiate a contract with a vendor. However, the primary agent falls ill and cannot complete the negotiations. The company appoints a successor agent to take over and complete the negotiations on behalf of the company.

Explanation: In this example, the primary agent is unable to perform their duties due to illness, and the company appoints a successor agent to take over. The successor agent is authorized to act on behalf of the company and complete the negotiations with the vendor. The appointment of a successor agent ensures that the company's interests are protected and that the negotiations are completed in a timely manner.

successor | successor fiduciary

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12:01
LOL
Dkk
12:02
Just part of the culture.
BulbasaurNoLikeCardio
12:04
I wish that wearing a mask when sick stuck around as an okay thing like it is in the rest of the world, not all of us have enough sick days to be ditching work.
Dkk
12:04
Unless its like an N95 i dont think it will really do anything
12:04
there's even a mask ban in some places. altho one of my coworkers wears a mask anyway despite customers being rude to her about it
12:05
good morning
12:05
why does umiami ask "Are you applying, or have you applied, to other law schools? If so, please list them."
BulbasaurNoLikeCardio
12:05
One manager came in sick wearing a mask, got roasted and stopped wearing it that day. The entire office has been cycling sickness for two weeks now. It may not be super effective but it may help in slowing the spread during meetings when we have to be so close
12:05
am i the only one who has never gotten my status checker to work on here?
BulbasaurNoLikeCardio
12:06
@ChowieBean: want to see what schools they share an applicant pool with, think it is all data harvesting stuff no a +/- for the applicant
12:06
ok good cuz idk whether i wanna tell them or not
12:06
thanks bulbasaur
12:08
not to be that guy again but berkeley person/applicant id is back and Shiny New Logo
be that guy
EW THE NEW LOGO IS SO UGLY
WTF
12:09
need to send in my berkeley app rawwwww
BulbasaurNoLikeCardio
12:09
@ChowieBean: should be required to tell them, the schools who asked I only told them the schools in their area not all of them.
BulbasaurNoLikeCardio
12:10
*shouldnt be
12:12
@jackfrost11770: if i get a berk A today and they have that logo im withdrawing (/s /s /s /j /j /j)
babycat
12:12
@ChowieBean: me too lol. you applying to public interest scholars program?
12:14
yes def applying public interest
12:16
i was raised like blocks away from umiami
12:16
idk if i wanna go back to florida tho so im applying there as safety/target 💀
12:25
@ChowieBean: doing the same thing
Does anyone think au gonna get back to us today
My app was complete Oct 11
If yes what time
Dkk
12:29
Sure, yes! 11:22:24 PST
ClassyPleasantHeron
12:30
I wonder if Berk was updating their system so that they could watch more video.
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