sole agent
[/soʊl ˈeɪdʒənt/]
nounpl: sole agents
agente exclusivo
1. A person or company that has the exclusive right to represent, sell, or conduct business for another party in a specific territory or market
The company appointed him as the sole agent for all sales in Latin America.
A empresa o nomeou como agente exclusivo para todas as vendas na América Latina.
2. In legal and commercial contexts, an entity with exclusive authority to act on behalf of a principal
As the sole agent, she has the authority to negotiate contracts without consulting the main office.
Como agente exclusiva, ela tem autoridade para negociar contratos sem consultar a matriz.
The concept of 'sole agent' is significant in both Brazilian and American business cultures, particularly in distribution, real estate, and commercial representation. In Brazil, sole agents often operate under formal 'contrato de agência' (agency contracts) and have specific legal responsibilities. In the USA, this arrangement is common in real estate, automotive sales, and international trade. The exclusivity grants the agent significant market control but also carries responsibility for market development.
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