Multiple choice

Directions: State whether the following statement is True Or False.In a relationship between the principal and the agent, the principal cannot take any decision because the agent always act as the representative of the principal.

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

In an agency relationship, the principal retains the authority to direct the agent and make strategic decisions, while the agent acts on the principal's behalf within the scope of their authority.