Which of the Following Statements Is True of an Agency

question 18

Multiple Choice

Which of the following statements is true of an agency relationship?

• A) In an agency relationship, usually any or all agents are employees.
• B) Principals directly control independent contractors.
• C) Independent contractors usually work for more than one principal.
• D) Agents are usually exempt from the duty to account to a principal for monies handled.
• E) Agents are bound to benefit themselves at the expense of a principal.

---

Definitions:

Task Maturity

Refers to the level of ability and willingness of an individual or group to effectively complete a specific task or job.

Attitudes

A settled way of thinking or feeling about someone or something, typically reflected in a person's behavior.

Satisfaction

The feeling of contentment or pleasure when one's wants, needs, or expectations are fulfilled.

Personal Problems

Challenges or issues that directly affect an individual, often relating to personal relationships, health, or emotional well-being.