Radford Co. hired Leeds Associates, a law firm, to manage their legal matters. In this contract, Leeds Associated is a/an _____.

Question

Quizplus · Accepted Answer

All employees are agents of the employer/principal, but not all agents are employees. For example, a principal may hire an independent contractor to perform a task. Principals do not directly control independent contractors and independent contractors generally work for more than one principal. Examples of independent contractors include attorneys (other than in-house counsel), outside accountants and subcontractors hired to perform construction projects.