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Which of the Following Statements Is True of an Agency

Question 65

Multiple Choice

Which of the following statements is true of an agency relationship?


A) In an agency relationship, usually any or all agents are employees.
B) Principals directly control independent contractors.
C) Independent contractors usually work for more than one principal.
D) Agents are usually exempt from the duty to account to a principal for monies handled.
E) Agents are bound to benefit themselves at the expense of a principal.

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