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  • The relationship between the principal and agent is referred to as ..<di

The relationship between the principal and agent is referred to as ..

Option: 1

An Agency


Option: 2

A transaction


Option: 3

Commercial relationship


Option: 4

All of the above


Answers (1)

best_answer

In the context of vicarious liability, a principal is an individual or entity that grants authority to another person or entity (the agent) to act on their behalf. Hence, option (a) is correct.

Posted by

Nehul

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