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Get Answers to all your Questions
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)
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.
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