Equalization Demand of the Agent and Its Importance in Business Law

dc.contributor.authorHamamcıoğlu, Esra
dc.date.accessioned2023-10-19T15:12:46Z
dc.date.available2023-10-19T15:12:46Z
dc.date.issued2020
dc.department-temp[Hamamcioglu, Esra] Kadir Has Univ, Commercial & Co Law Dept, Istanbul, Turkeyen_US
dc.description25th Eurasia-Business-and-Economics-Society (EBES) Conference -- MAY 23-25, 2018 -- FOM Univ Appl Sci, Berlin, GERMANYen_US
dc.description.abstractOne of the most important consequences of the agency contract (commercial agency contract) in terms of its termination is the equalization demand of the agent. After termination of agency contract, the agent may request a reasonable equalization demand if he/she has brought the principal new customers or has significantly increased the volume of business with existing customers. Thus, the principal continues to derive substantial benefits from the business with these customers. Equalization demand of the agent (commercial agent) is regulated on an equitable basis. As of this nature, equalization demand of the agent carries a counter-execution nature for the customer portfolio (goodwill) which the agent acquired and the principal may benefit on its own, depending on the termination of the agency contract that establishes continuing obligation. In this respect, the equalization demand does not have the characteristics of compensation theoretically. However, compared to similar provisions, Turkish Commercial Code Article 122 has some differences and it may also need to be amended to clarify some issues. Objectives of this study are to determine the legal nature, conditions, and calculation of the equalization demand. Furthermore, scope of application of this claim includes other contractual relations giving similar monopoly rights unless it is contrary with fairness.en_US
dc.description.sponsorshipEurasia Business & Econ Socen_US
dc.identifier.citation0
dc.identifier.doi10.1007/978-3-030-35040-6_20en_US
dc.identifier.endpage335en_US
dc.identifier.isbn978-3-030-35040-6
dc.identifier.isbn978-3-030-35039-0
dc.identifier.issn2364-5067
dc.identifier.scopus2-s2.0-85132714710en_US
dc.identifier.scopusqualityQ4
dc.identifier.startpage323en_US
dc.identifier.urihttps://doi.org/10.1007/978-3-030-35040-6_20
dc.identifier.urihttps://hdl.handle.net/20.500.12469/5530
dc.identifier.volume12en_US
dc.identifier.wosWOS:000850938200020en_US
dc.identifier.wosqualityN/A
dc.institutionauthorHamamcioglu, Esra
dc.khas20231019-WoSen_US
dc.language.isoenen_US
dc.publisherSpringer International Publishing Agen_US
dc.relation.ispartofEurasian Economic Perspectivesen_US
dc.relation.publicationcategoryKonferans Öğesi - Uluslararası - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectAgency contracten_US
dc.subjectAgenten_US
dc.subjectGoodwillen_US
dc.subjectEqualization demanden_US
dc.titleEqualization Demand of the Agent and Its Importance in Business Lawen_US
dc.typeConference Objecten_US
dspace.entity.typePublication
relation.isAuthorOfPublication22da2ada-f0e5-41fc-8f19-d19ed88276bc
relation.isAuthorOfPublication.latestForDiscovery22da2ada-f0e5-41fc-8f19-d19ed88276bc

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