Problem
Step I: Conduct research.
Conduct an Internet search and find a two- to three-page article about an agency relationship.
Step II: Read the article and consider the questions below.
Read the article and think about what type of agency relationship has been created. As you read the article, consider the following questions:
i. How would you define an agency relationship?
ii. Who is the principal and who is the agent?
iii. What type of authority has been granted to the agent and why has the relationship been created?
iv. What powers and duties have been bestowed upon the agent?
Step III: Summarize your findings.
One-page summary report detailing what the article says about the relationships. Make sure to properly cite any articles used.