Agent
Definition
A person employed to do any act for another person (Principal) or to represent the Principal in dealing with third persons, under the authority given by the Principal (Section 182, ICA 1872). An agent creates contractual relations between the Principal and third parties.
Example
"A appoints B as his Agent to sell A's house. B negotiates and signs a sale deed with C. A (Principal) is bound by the contract B created with C."