What does the principal and the entrusted mean, it is simple to understand

1. According to the General Principles of the Civil LawA principal is a person who entrusts others to handle affairs for themselves. In the brokerage business, the principal refers to the natural person or legal person who can buy and sell in accordance with the provisions of national laws and regulations. It refers to a citizen, legal person or other organization that entrusts a company to auction the auctioned items or property rights that it enjoys the right of ownership or disposal.

2. The entrusted person (also known as the trustee in the civil law textbook) refers to:Accepting the client's entrustment** The client is engaged in civil or commercial activities, litigation and arbitration activities.

A principal is a person who entrusts others to handle affairs for themselves. In the brokerage business, the principal refers to the natural person or legal person who can buy and sell in accordance with the provisions of national laws and regulations. It refers to a citizen, legal person or other organization (also known as a seller) that entrusts a company to auction the auctioned items or property rights for which it has the right of ownership or disposal.

Information to be provided by the client:

1) The client's identity document (** legal identity document of departments, institutions, and industrial and commercial enterprises, the same below).

2) If the client does not have the status of a legal person, the authorization document of the authorized person shall be provided.

3) If the client is an industrial and commercial customer, the company contract, articles of association, relevant resolutions of the board of directors and power of attorney must be provided.

4) The seal reserved by the client and the sample with the right to sign.

5) Other relevant materials required by the trustee to be provided by the client.

Encyclopedia: Principal (legal terminology).

Encyclopedia: Delegate.

The client is the person who asks you to help him with his errands.

The person entrusted is the person who does things for others.

Legal Analysis:1Conceptual differences: the client refers to the person who entrusts others to handle specific affairs for himself, and the entrusted person refers to the person who helps the client to engage in civil, litigation and arbitration activities.

2.Relationship difference: There is a relationship between the client and the entrustee, and the principal is generally the employer, and the entrustee is the employee.

3.Difference in responsibility: The final responsibility for the result of the entrusted party meeting the requirements of the entrustment, regardless of the development of the matter, shall be borne by the principal. The responsibility of the entrusted party is to handle it in accordance with the content and method required by the client.

Legal basis: Civil Code of the People's Republic of China

Article 919:An entrustment contract is a contract in which the client and the trustee agree that the trustee will handle the client's affairs.

Article 922:The trustee shall handle the entrusted affairs in accordance with the instructions of the client. Where it is necessary to change the client's instructions, the client's consent shall be obtained; If it is difficult to get in touch with the client due to the urgency of the situation, the trustee of the Forward Brigade shall properly handle the entrusted affairs, but shall report the situation to the client in a timely manner afterwards.

Delegator: A party who authorizes the other party to exercise certain powers or assume certain obligations. A person who issues an entrustment to let others handle some matters by themselves.

Delegate: A party who is authorized to exercise certain powers or assume certain obligations. It is a person who accepts the entrustment of others and handles the matters of the entrusted group for others (the principal).