Which term describes one who employs an agent?

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Multiple Choice

Which term describes one who employs an agent?

Explanation:
In agency relationships, the person who hires or engages an agent is the principal. The agent is the one who acts on behalf of the principal to carry out tasks or negotiations. Express Authority and Implied Authority describe the kinds of power granted to the agent to act for the principal, not who hires them. So the term that describes one who employs an agent is the principal. For example, a company that appoints a broker to negotiate a contract is the principal.

In agency relationships, the person who hires or engages an agent is the principal. The agent is the one who acts on behalf of the principal to carry out tasks or negotiations. Express Authority and Implied Authority describe the kinds of power granted to the agent to act for the principal, not who hires them. So the term that describes one who employs an agent is the principal. For example, a company that appoints a broker to negotiate a contract is the principal.

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