AGENCY AGREEMENTS IN THE DUTCH CARIBBEAN

An agent is entitled to commission

Under the Civil Code of the Netherlands Antilles (article 7:428), an agency agreement is defined as a contract for a fixed or indefinite period of time between a principal and an agent, whereby the agent agrees, against payment, to mediate in the conclusion of contracts and to eventually conclude these contracts in the name and for the account of the principal, without being subordinate to the principal.

An agent shall be entitled to a commission for the negotiation of commercial transactions concluded after the sales representation contract has been terminated:

  • if the transaction is …
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  • 08
    Nov 2008
    CATEGORY

    Legal

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