rom a legal standpoint, the term purchasing agent accurately defines the individual who deals with a third party for a principal. From a legal point of view, the following factors are associated with the appointment with one exception. And that exception is:

Question

Quizplus · Accepted Answer

All of the factors listed in the question are necessary for the appointment of a purchasing agent except for the acceptance of appropriate compensation. While a purchasing agent would typically receive compensation for their work, the absence of compensation would not necessarily invalidate their appointment as a purchasing agent.

Rom a Legal Standpoint, the Term Purchasing Agent Accurately Defines