Which One of the Following Statements Is TRUE

Multiple Choice

Which one of the following statements is TRUE?

A) An agency relationship is when a principal hires an agent to perform a service and gives them decision-making authority.
B) An agency relationship is when a principal works for an agent.
C) In an agency relationship, the agent delegates authority to the principal.
D) An example of an agency relationship is when the CEO nominates a slate of candidates to be on the board of directors.
E) An example of an agency relationship is when a supervisor hires a forklift operator.
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