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Which Of The Following Correctly Defines A Principal-Agent Relationship? [Solved]
A) Is the correct option. Under principal and agent relationship principal is bound by all the deeds and actions of the principal. The principal will be liable for all the acts and liabilities that an agent has incurred. Under this principal appoints an agent who will act on his/her behalf.
Understanding Principal Agent Relationship
Explain :
What Is the Principal-Agent Problem?
The
Conflict of Interest in Principal-Agent Relationship
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