11:20
I am not a llama, and I am an adcommie @ The University of American Samoa Law (go LandCrabies)
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Warning
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LSDefine
Simple English definitions for legal terms
intermediary
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A quick definition of intermediary:
An intermediary is someone who helps two other people or groups communicate and work together. They are like a middleman or a go-between. For example, if two friends are having an argument and they can't talk to each other, an intermediary might help them talk and find a solution. In business, an intermediary might help a company find a supplier or a customer. In products liability, an intermediary is someone who is in the middle of the chain of distribution from the manufacturer to the consumer and knows about the risks of the product.
A more thorough explanation:
An intermediary is a person or organization that acts as a mediator or go-between for two or more parties. They help to facilitate communication and negotiations between these parties.
- A real estate agent who helps a buyer and seller come to an agreement on a property sale is an intermediary.
- A travel agent who helps a customer book a vacation package is an intermediary between the customer and the travel company.
- In products liability, a learned intermediary is a person who is in the chain of distribution from the manufacturer to the consumer and who knows the risks of the product.
These examples illustrate how intermediaries can help to bridge the gap between two parties who may have different needs or goals. They can provide valuable expertise and guidance to help both parties reach a mutually beneficial agreement.