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Figure 1.2
Using the figure above, identify the labeled part.
-Label M: ______________________________
Employee
An individual who is hired by a company to perform specific duties in exchange for compensation.
Worker
An individual engaged in a particular activity, especially pertaining to employment or labor, to earn compensation.
Fiduciary Relationship
A legal or ethical relationship of trust between two or more parties, typically involving the management of money or assets by one party for another.
Agency Relationship
A legal arrangement where one party, the agent, is authorized to act on behalf of another party, the principal, in business transactions or other matters.
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