In agreeing to act on behalf of the principal,the agent becomes a(n)

Question

Quizplus · Accepted Answer

When an agent agrees to act on behalf of the principal, the agent becomes a fiduciary, meaning they have a legal and ethical obligation to act in the best interest of the principal. The agent is not an employee or independent contractor of the principal, but rather a representative of the principal tasked with carrying out specific duties and responsibilities. Therefore, option C is the most appropriate choice.

In Agreeing to Act on Behalf of the Principal,the Agent