🖋️ Receiving agent agreement
A receiving agent agreement is a contract between a business and an individual who agrees to receive payments on behalf of the business. The agreement outlines the terms and conditions under which the individual will receive and manage payments, as well as the fees associated with the service. The agreement also includes a provision for the individual to indemnify the business against any losses incurred as a result of the individual's negligence."
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Associated business activities
Receive rights
The agent can receive payments and take legal action on the principal's behalf, and bind the principal to contracts.
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