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Sanchez Borrowed Money from Fifth National Bank to Buy a Car.She

Question 51

Multiple Choice

Sanchez borrowed money from Fifth National Bank to buy a car.She defaulted on the loan.Fifth National hired Rex's Recovery Service to repossess the car for a set fee.Rex's was simply told to locate and seize the car.Rex's would be classified as


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

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