Which one of the following statements is TRUE?
A) in an agency relationship, the principal delegates decision-making authority to the agent.
B) in an agency relationship, the agent delegates authority to the principal.
C) an example of an agency relationship is when the ceo nominates a slate of candidates to be on the board of directors.
D) an example of an agency relationship is when a supervisor hires a forklift operator.
E) the supervisor-employee relation between a production line supervisor and a production line operator is an example of an agency relationship.
Correct Answer:
Verified
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