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- The key differences between reseller and agency agreements are12:
- Under an agency agreement, the agent enters into a contract with the customer on behalf of the principal. Whereas, under a reseller agreement, the contract is between the reseller and the customer.
- In a reseller agreement, the reseller or distributor buys the product from its supplier or manufacturer, and legal title in the product passes to the distributor or reseller. The reseller then adds a margin to cover the costs of resale.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Agency and reseller agreements are both a kind of legal contract but there are several key differences to note. Under an agency agreement, on behalf of the principal, the agent enters into a contract with the customer. Whereas, under a reseller agreement, the contract is between the reseller and the customer.legalvision.com.au/difference-resellers-agreement-…Reseller and distribution agreements can be contrasted from agency agreements, in that a reseller or distributor is buying the product from its supplier or manufacturer. Legal title in the product therefore passes to the distributor or reseller, who will then add a margin to cover the costs of resale.southbanklegal.com/areas-of-law/commercial-law/a… - People also ask
Reseller vs Agency Agreements | LegalVision
Agency and reseller agreements are both a kind of legal contract but there are several key differences to note. Under an agency agreement, on behalf of the principal, the agent enters into a contract with the customer. Whereas, under a reseller agreement, the contract is between the reseller and the … See more
A reseller agreementis an arrangement between someone supplying goods (often known as the wholesaler) and another party selling the goods to a third party or the general public (the reseller). Under a reseller agreement, … See more
- Agency Agreements
- Under an agency agreement, if an agent enters into a contract with a third party, t…
- Reseller Agreements
- On the other hand, a wholesaler is generally not contract… See more
An agency agreementis an agreement between a principal (you, the owner of the goods) and an agent (the business selling the goods on your … See more
There are several key differences between these two types of agreements. A primary distinction is how the parties interact. In an agency relationship, the agent can enter into contracts on … See more
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