Which One of the Following Statements Is TRUE

question 47

Multiple Choice

Which one of the following statements is TRUE?

• A) An agency relationship is when someone hires someone else to perform a service and gives them decision-making authority.
• B) An agency relationship is when an agent hires a principal to perform a service.
• C) An agency relationship is when a principal works for an agent.
• D) In an agency relationship, the agent delegates authority to the principal.
• E) An example of an agency relationship is when the CEO nominates a slate of candidates to be on the board of directors.

---

Definitions:

Marginal

Pertaining to changes or differences that are small or slight and often at the edge or periphery of consideration.

Targeted

Refers to actions or strategies narrowly directed towards a specific goal or audience.

Nonprofit Organizations

Entities that operate for a purpose other than making a profit, often focusing on charitable, educational, or social objectives.

Discriminatory Practices

Actions or policies that treat individuals or groups unfairly based on characteristics such as race, gender, age, or sexual orientation.