Terms Used In Utah Code > Title 34 > Chapter 44 > Part 2 - Requirements and Prohibitions

• Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
• Business relationship: means an agreement that governs the relationship of principal and sales representative. See Utah Code 34-44-102
• Commission: means :

  (a)	compensation: (i)  that accrues to a sales representative; (ii)  for payment by a principal; and (iii)  at a rate expressed as a percentage of the dollar amount of sales, orders, or profits; or

  (b)

  any other method of compensation agreed to between a sales representative and a principal including: (i)  fees for services; and (ii)  a retainer. See Utah Code 34-44-102 Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other. Fraud: Intentional deception resulting in injury to another. Person: means :Utah Code 68-3-12.5 Principal: means a person who: (a)  engages in any of the following activities with regard to a product or service: (i)  manufactures; (ii)  produces; (iii)  imports; (iv)  sells; or (v)  distributes; (b)  establishes a business relationship with a sales representative to solicit orders for a product or a service described in Subsection (4)(a); and (c)  agrees to compensate a sales representative, in whole or in part, by commission. See Utah Code 34-44-102 Property: includes both real and personal property. See Utah Code 68-3-12.5 sales representative: means a person who enters into a business relationship with a principal: (i)  to solicit orders for a product or a service described in Subsection (4)(a); and (ii)  under which the person is compensated, in whole or in part, by commission. See Utah Code 34-44-102 Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims. State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5 termination: means the end of a business relationship between a sales representative and a principal, whether by: (a)  agreement; (b)  expiration of a time period; or (c)  exercise of a right of termination by either the principal or the sales representative. See Utah Code 34-44-102 United States: includes each state, district, and territory of the United States of America. See Utah Code 68-3-12.5 Writing: includes :Utah Code 68-3-12.5