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Section 182 of the Indian Contract Act, 1872 defines two key legal terms — Agent and Principal. An Agent is someone appointed to act on behalf of another, while the Principal is the person being represented. This concept is essential under Chapter X: Agency in Contract Law.

📌 Example:
If Rohit Sharma makes a deal with sponsors as the captain of the Indian team, he acts as the Agent, while the Team Management is the Principal.

This video is part of the LLB 2nd Semester – Law of Contract II series.

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