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The trade factor:

this factor constitutes an immediate contributor merchant who will represent you in the area of \u200b\u200bbusiness for which it was entitled.
is constituted as provided in the Commercial Code in its Article 94, is the manager of a business or commercial establishment or a branch that administers them on behalf of the owner. Dependent

junior employees are the trader has at his side to aid you in your operations working under his direction.

be Form Factor

Factor Trade shall be established by document recorded in the registry branch offices of the company address given, shall also be registered in the Trade Register is set in the courtrooms of the Tribunal (Article No. 95 of the Code of Commerce). This article also establishes the relationship of the factor derived from a contractual relationship in Venezuela and is attributed generally branch managers of banks and other companies of a certain size or complexity, coinciding, as already mentioned, with a link to a labor which is confined to the area of \u200b\u200blabor legislation.

Legal Nature of the Factor

Venezuelan doctrine has made a major effort to determine the legal nature of the trade factor, on the one hand it is argued that what is given is an agency relationship, this idea which flowers of the Commercial Code states that: Indeed it is an agency relationship as the dependent factor and other business executed on behalf of the principal. In this vein remember that the Civil Code Article 1684 states that the mandate is a contract whereby a person is obliged either for free or pay, to execute one or more businesses on behalf of another, that have seen to that.

Dependents

Dependents do not force their major contracts entered into, unless that is expressly conferred upon them the power to execute on behalf of certain operations of its circuits.
is important to note that dependents have the dual status of workers (employment) and representatives (business relationship) running business behalf of the principal. May be unique to the merchant leaders, which have been expressly the power to execute on behalf of certain of their business operations (Article 99) or guardian to sell retail or wholesale (Article 101), ie what English law calls youths.