Agency and authority, What does the legal concept of agency

Agency and authority

Assignment Help Operation Management

Reference no: EM131732032

Question One: Agency

A) What does the legal concept of agency mean?

B) Who can serve as an agent or a principal?

C) Provide two (2) examples of an agency relationship.

Question Two: Authority

A) What are the different types of authority an agent might have?

B) Define each one.

C) Why is it important to identify the type of an agent’s authority

Reference no: EM131732032

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