Marketing contract

Marketing contract – this term describes a contract between the seller (manufacturer) and an agency (intermediary/middleman), where the agent undertakes to promote the business goods or services of the seller, against commission fee. In many spheres of business activity this contract has been turned into a verbal agreement for giving illegal commissions under the table, in most cases non-declared by the intermediary. You should be warned before (and not only in this type of business relations) to sign marketing contracts with an agency which is an empty corporate body without any assets – simply because you won’t be able to get a compensation for eventual damages caused by them.

Posted in: M