A mandate contract is a legally binding agreement between two parties, where one party (the mandator) grants the other party (the mandatee) the authority to act on their behalf in a specific matter. This type of contract is often used in business or financial transactions, where the mandator delegates certain tasks or decisions to the mandatee, who then has the power to carry them out. The mandate contract outlines the scope of the mandatee’s authority, as well as any limitations or conditions set by the mandator. It is a crucial tool for delegating responsibilities and streamlining processes, ensuring that both parties are clear on their roles and obligations. A mandate contract can also be referred to as a power of attorney or agency agreement.