Question: 1 . 5 . An agent is 'any person who happens to act on behalf of another. An agency relationship is formed between two
An agent is 'any person who happens to act on behalf of another. An agency relationship is formed between two parties when one party the agent agrees to represent another party the principal A principalagent relationship is fiduciary, meaning it is based on trust. Normally, all employees who deal with third parties are considered agents. As such, an agency relationship is governed by employment law."
Understanding what an agent is list primary duties of an agent.
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