Germaine Aug 3, 2017:

Bernard a déjà proposé un meilleur concept et je suis d'accord avec lui.

Lis un peu, François - en français! Des lois sur les sociétés et des contrats, par exemple. Tout ça est sur le Net et ça pourrait t'aider à comprendre les concepts que tu tortures. Entre autres, tu t'apercevrais que les sociétés américaines ne sont pas si différentes des sociétés canadiennes. Tu oublies que le système de droit des États-Unis est essentiellement de common law (anglais). Voici un exemple de ce dont on parle:

Relationship Between the Parties. The parties relationship, as established by this Agreement, is solely that of independent contractors. This Agreement does not create any partnership, joint venture or similar business relationship between the parties. Neither party is a legal representative of the other party, and neither party can assume or create any obligation, representation, warranty or guarantee, express or implied, on behalf of the other party for any purpose whatsoever.
https://www.lawinsider.com/clause/relationship-between-the-p...

Voici une autre source qui t'en offre, semble-t-il, 315 variations:
https://www.lawinsider.com/clause/relationship-of-parties

Francois Boye Aug 3, 2017:

@ Germaine

I don't speculate. I submitted to you a concept of commercial law to clarify the discussion between you, me, Allegro trans, and Daryo.

So either you propose a better concept of commercial law, or your agree with me!

Regarding US corporations, the board is the principal. It is headed by a president, who speaks on behalf of the board.

Germaine Aug 3, 2017:

François, "A person legal or natural–who authorizes an agent to act to create one or more legal relationships with a third party" (= principal) s'appelle un "mandant" en français. The "agent" so authorized s'appelle un "mandataire".

Les "propriétaires" de General Electric sont ses actionnaires. Jack Welch était CEO de General Electric, mais ça n'en faisait pas automatiquement "one of its agents". Une personne morale agit par son conseil d'administration; le CEO doit passer par là aussi.

Vous croyez vraiment que le conseil d'administration de GE (pis encore, des assemblées générales d'actionnaires!!!) s'est déplacé pour rencontrer l'un après l'autre les conseils d'administration des sociétés de ses fournisseurs afin de "traiter la relation client avant, pendant et après l'achat" ? Please!

J'oubliais : en partant, on ne parle pas ici de la relation client. Cette clause, par ailleurs courante dans les contrats, caractérise la relation qui existe entre les parties (souvent à des fins fiscales (ex.: prix de transfert), mais aussi à d'autres fins (obligations légales entre parties liées ou non, dépendantes ou indépendantes; obligation fiduciale).

Francois Boye Aug 3, 2017:

@ Allegro Trans

British and American laws are not concordant. In my response to Daryo, which comes from a US legal website, it is said clearly that the principal is only the BUSINESS. So you cannot say the concept of ownership is not the foundation of the concept of principal in law.

Francois Boye Aug 2, 2017:

@ Daryo

Principal" has a specific meaning in the context of commercial law.

a principal is a person legal or natural–who authorizes an agent to act to create one or more legal relationships with a third party

Effectively, this means that the principal is the business. In the case of a corporation, say General Electric, the principal is General Electric itself, while Jack Welch was one of its agents during the 80s and 90s.

In the case of a sole-proprietorship, the business and its owner are effectively one-and-the-same, so a person might realistically be called the principal in that situation, but pretty much no other


Source: Wikipedia

Daryo Aug 2, 2017:

the specifics of this case are not much relevant;

"on a principal to principal basis" has a set meaning that will remain the same whichever are the parties involved - that's the whole point of "standard clauses": to always have the same meaning!

Francois Boye Aug 1, 2017:

@ Asker

May I ask you to be more specific about the relationship between the company and the farmer? Thanks!

Germaine Aug 1, 2017:

À l'appui de la suggestion de Bernard:

OTC trades between financial institutions and specialised trading entities, such as commodity dealers, are generally undertaken on a principal-to-principal basis.
Les négociations de gré à gré entre les établissements financiers et les négociants spécialisés, par exemple en produits de base, ont généralement lieu entre contreparties agissant pour compte propre.
http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:20...
http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:20...