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Matt Stephen Estorgio
on Nov 28, 2024

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Lasers Inc. hires Mal to buy rare earth minerals on its behalf. In this relationship, Lasers is

A) an employee.
B) an independent contractor.
C) a principal.
D) an agent.

Rare Earth Minerals

A group of seventeen metallic elements critical for various high-tech and renewable energy technologies.

Principal

The primary party involved in a contract or transaction, or the amount of money originally invested or loaned, before interest.

Agent

A person or entity authorized to act on behalf of another, usually in business transactions or negotiations.

  • Understand the concept of agency relationships and the roles of principals and agents.
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KT
Korral TorresNov 30, 2024
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