A ______________ relationship is one in which an agent acts on behalf of or for the principal,with a degree of personal discretion.

Question

Quizplus · Accepted Answer

The definition given describes a principal-agent relationship, where the agent has some level of authority to act on behalf of the principal, but is still accountable for their actions. The other choices do not necessarily involve the same degree of discretion for the agent, or may imply a different level of responsibility for the principal.

A ______________ Relationship Is One in Which an Agent Acts