A party to an instrument may authorize an agent to endorse the instrument but must specify the principal-agent relationship on the instrument.

票据当事人可以委托其代理人在票据上签章，但应当在票据上注明其代理关系。

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The prominent feature of modern publicly-owned corporation is separation of ownership and management, giving rise to principal-agent relationship.

现代公司制企业最显著的特征是公司所有权与经营权相分离，由此导致了委托-代理关系的产生。

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Tournament theory is a theory of incentive mechanism in the principal-agent relationship which is based on the comparison of individual relative performance.

锦标赛理论是通过比较相对业绩来研究委托代理关系的一种激励机制理论。

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If an agent got too close, Wolf would be forced to break up the relationship by recalling his agent back to the East.

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According to Steve Murray of REAL Trends, two-thirds of clients choose an agent because of a prior personal relationship or referral.

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Regarding the appeal, Benson contends that as a free agent, he had no employment relationship with an NFL team and as such should not be subject to discipline.

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