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It can most accurately be said of Latin America that
Agents
Individuals or entities authorized to act on behalf of another person or organization in business or legal matters.
Employees
Individuals who are hired by an employer to perform specific duties or services in exchange for remuneration, forming the workforce of a company or organization.
Principal
In legal and financial contexts, the main party to a transaction or the original amount of money invested or loaned, before interest.
Independent Contractor
An individual or entity contracted to perform work for another entity as a non-employee, thus not entitled to employee benefits and subject to different tax treatment.
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