In addition, Europe has a directive (Directive 86/653/EEC) which aims to harmonize the individual laws of Member States with regard to trade agency contracts. This directive is of great importance for all agency contracts within the European Union. The directive contains binding provisions for all activities taking place on European territory. The application of US law to an agreement between a European agent and an American client would destroy the European Commission`s protection structure. To avoid this, the Court of Justice decided to give effect to the directive. A European agent can therefore invoke European law at any time if the Agency`s treaty has adopted a non-European law. Transparency and loyalty are the characteristics of the relationship between the client and the sales agent. In any case, that is how the regulation of the agency contract provides for things, as is the case with the article. L. 134-4, paragraph 2, of the Code of Commerce means that “the relationship between the (…) A sub-contract is a contract whose purpose is fully or partially in accordance with the performance of a principal contract. This often occurs in service contracts and, in particular, in commercial agency contracts. In this case, the sub-agent is nothing more than a sales agent (…) In this case, the applicant is the ANVR, an association that promotes the interests of the travel agencies that are members of the association. An air transport contract was in effect between these travel agencies and a group of airlines (respondents).
On the basis of this agreement, the relevant travel agency (the agent) may sell airline tickets issued by the airlines for compensation from the airlines. This agreement can be considered an agency agreement. In this case, an intermediary had entered into a social contract in which he had to seek out buyers who wished to invest in residential real estate for a fee that was to be paid after the signing of the genuine sales contracts and the obtaining of the funds. A clause in the contract that is provided for the (…) An agency contract is a legal contract that creates a trust relationship, with the first party (“the donor”) agreeing that the actions of a second party (“the agent”) bind the client to subsequent agreements of the agent, as if the client had himself entered into the subsequent agreements. The agent`s power to retain the client is generally referred to as an authority in law.