In an Agency Relationship, the Agent Is a Neutral Party

question 168

True/False

In an agency relationship, the agent is a neutral party regarding contracts between the principal and third parties.

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Definitions:

Jirgas

Traditional assemblies of leaders in some Pashtun and Baloch communities used for decision-making and resolution of disputes.

Tribal Leaders

Individuals who hold a position of authority or leadership within a tribe, often responsible for decision making and governance.

Pashtun

An ethnic group native to Afghanistan and Pakistan, known for their traditional code of conduct called Pashtunwali.

Determining

Refers to the process of conclusively deciding or establishing something based on data or evidence.