ACTS FOR Meaning and
Definition
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The phrase "acts for" is a legal term used to describe the relationship between a person or entity that acts on behalf of another party, typically following a power of attorney or agency agreement. When one acts for another, they have the legal authority to perform certain actions, make decisions, or enter into contracts on behalf of the principal, who is the person or entity being represented.
In this context, the party acting for someone else is referred to as the agent or attorney-in-fact, while the principal is the person granting the authority. The agent must act in the best interest of the principal, exercising their delegated powers diligently and in accordance with any instructions or limitations provided.
The authority to act for someone can involve a broad spectrum of actions, ranging from simple tasks such as signing documents, managing financial affairs, or making healthcare decisions, to more complex responsibilities like representing the principal in legal proceedings or conducting business transactions.
The relationship formed when one acts for another is a fiduciary relationship, meaning that it is based on trust and the expectation that the agent will act honestly, in good faith, and solely in the principal's best interest. The principal retains the ultimate responsibility for the actions performed by their agent, as long as those actions fall within the scope of the authorized powers.
Common Misspellings for ACTS FOR
- zcts for
- scts for
- wcts for
- qcts for
- axts for
- avts for
- afts for
- adts for
- acrs for
- acfs for
- acgs for
- acys for
- ac6s for
- ac5s for
- acta for
- actz for
- actx for
- actw for
- acts dor
- acts cor
Etymology of ACTS FOR
The phrase acts for does not have its own specific etymology as it is a combination of two commonly used English words. Acts is the third-person singular form of the verb act, which comes from the Latin word agere meaning to do. For is a preposition that dates back to Old English and is used to indicate the purpose or benefit of an action. When combined, the phrase acts for simply means to perform on behalf of or to represent.
