Correspondence between Principle and Agent

The document titled 'Correspondence between Principle and Agent' is a letter that serves as a request for a revision in the rate of commission. The letter is addressed to the recipient, who is referred to as 'sir/madam'. The importance of this document lies in its ability to communicate the need for a change in commission rate due to various factors affecting the sales and marketing efforts of the agent.

 

The entire document consists of several sections, each serving a specific purpose. The first section includes the account information of the sender, including their first name, last name, job title, and address. This information helps in identifying the sender and establishing their credibility.

 

The second section is the date, which indicates the current date when the letter is being written. This helps in providing a reference point for the recipient and ensures the timeliness of the request.

 

The third section is the salutation, which addresses the recipient as 'dear sir/madam'. This sets the tone for the letter and establishes a formal and respectful approach.

 

The fourth section is the main body of the letter, where the sender explains the reason for the request. They highlight the increase in sales and the corresponding increase in total commission. However, they also mention the challenges faced in marketing the goods due to competitors entering the market and establishing themselves. To overcome these challenges, the sender has increased their sales staff and advertising expenditure. They express their willingness to bear the additional expenses but request some form of compensation in the form of an increased commission rate.

 

The fifth section is the closing, where the sender expresses their confidence in the recipient's understanding and consideration of the request. They acknowledge the recipient's past considerate dealings and rely on their understanding in this matter.

 

In summary, the document serves as a formal request for a revision in the rate of commission. It provides a detailed explanation of the reasons behind the request and emphasizes the need for compensation due to increased expenses. The document is structured into sections, each serving a specific purpose in conveying the message effectively.

How to use this document?

1. Provide account information: Fill in the sender's account first name, account last name, account job title, and address in the designated fields. This information helps in identifying the sender and establishing their credibility.

2. Enter the date: Fill in the current date in the designated field. This ensures the timeliness of the request and provides a reference point for the recipient.

3. Address the recipient: Begin the letter with a salutation addressing the recipient as 'dear sir/madam'. This sets a formal and respectful tone for the letter.

4. Explain the reason for the request: In the main body of the letter, clearly explain the reasons behind the request for a revision in the rate of commission. Highlight the increase in sales, challenges faced in marketing, and the need for compensation due to increased expenses.

5. Express confidence in the recipient's understanding: In the closing, express confidence in the recipient's understanding and consideration of the request. Acknowledge their past considerate dealings and rely on their understanding in this matter.

Note: Make sure to review the document for accuracy and clarity before sending it to the recipient.