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Chapter
12
AgencyLearning
Focus.
Terms
on
Agency.
Types
ofAgents•
Agency
Agreement.
Letters
on
Agency-Asking for
Agency-
Seeking
AgencyIn
the
following
dialogue
Richard
discuss
with
Benson
therepresentation
for
the
goods
of
Benson's
company
in
theEuropean
market.Richard:
Ithink
you
alreadyknow
what
I
want
to
discuss.Benson:
Yes.
You
mentioned
it
in
your
letter
and
fax.
To
be
honest,your
proposal
surprised
us.Richard:
Really?
Anyway,
I
want
to
go
over
the
details
with
you
inperson,
so
you
can
give
my
suggestion
thorough
consideration.Our
firm
specializes
in
this
line
of
business
and
we
have
six
salesgroups,
who
are
always
on
the
road,
covering
the
whole
of
theEuropean
marketBenson:
Do
you
sell
directly
to
shops?Richard:
Yes,
we
specialize
in
handling
this
kinds
of
goods.
Wehave
well-established
channels
of
distribution
and
we
contact
theretailers
directly,
without
any
middlemen.Benson:
Do
you
keep
stock
of
these
things?Richard:
In
some
cases,
such
as
goods
that
always
have
a
steadymarket,
we
keep
stock
in
London
and
act
as
distributors
as
well
asagents.Generally,
we
pass
on
the
orders
of
our
clients
to
themanufacturers
for
supply.
We
are
paid
for
service,
of
course.Benson:
That
is
your
commission.Richard:
Yes,
our
commission
is
veryreasonable.
We
usually
get10%
commission
of
the
amount
on
every
deal.Benson:
Our
agentsin
other
areas
usually
get
a
3%・5%commission.Richard:
The
European
marketis
not
familiarwith
your
products.You
have
competitors
from
Japan
and
other
continental
countries.At
the
beginning
of
our
campaign,
there
is
sales
resistance
toovercome,
and
we
must
send
out
salesmen
to
do
a
lot
of
travelingand
spend
a
considerable
amount
of
money
on
advertising
innewspapers
and
TV
programs.
A
10%
commission
will
not
leaveus
much.>
Agencyis
a
legalrelationship
betweenaprincipal(委托人)and
another
party,namedas
agent(代理人),whois
authorizedto
carryoutthe
principaPs
instructions
intransaction
witha
third
party.>
commission
佣金>
agencyagreement>
General
Agent>
Sole
Agent
(Exclusive
Agent)>
Purchasing/BuyingAgent>
Sales/SellingAgentAgency
Agreement•
The
duration
of
the
agency;•
The
territory
to
be
covered;•
The
obligation
of
agent
and
principal;•
The
method
of
purchase
and
sale;Agency
Agreement•
Details
of
the
commission;•
Lawof
the
country
related
toagreement;•
Arbitration
items
while
disputingmediated.>
Dear
Sirs,>
We
are
writing
to
offer
our
service
as
a
sole
agent
foryour
"Giant”
Bicycles
in
our
country.>
As
you
may
know,
with
15
years
9
experience
in
this
line,we
are
quite
familiar
with
the
market
and
customers
9
needshere.
Combining
the
styles
and
quality
of
your
bicycleswhich
are
very
much
to
the
taste
of
our
market
with
ourspecially-designed
showroom
and
well-developed
salespromotion
organization,
we
have
full
confidence
in
assuringyou
of
an
annual
turnover
of
US$700,000.>
We
believe
the
sales
records
of
recent
years
and
the
long,satisfactory
business
relations
between
us
will
justify
thatwe
are
entitled
to
a
sole
agent
in
this
district.
A
copy
ofdetailed
plan
regarding
handling
your
products
is
enclosedfor
your
reference.>
We
hope
to
hear
favorably
from
you.>
Yours
f
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