Vertretungsbefugnissen
Vertretungsbefugnissen refers to the legal authority granted to a person or entity to act on behalf of another, thereby binding that other person or entity in their legal dealings. This authority can arise from various sources, including statutory provisions, contractual agreements, or judicial appointment. In essence, a Vertretungsbefugnis allows an authorized representative to make decisions and execute transactions as if they were the principal themselves, within the defined scope of their authority.
Common examples include powers of attorney, where an individual grants another person the power to manage their