Carol is a Beta manager whose responsibilities include directing Beta's day to day hiring, firing, purchasing and selling. Dave is a Beta salesperson whose daily activities are controlled by Carol, his supervisor. Fred works from home to edit Beta's technical manuals on a contract- per-manual basis (he is paid for each manual he edits), and is not otherwise subject to Beta's control. Identify each of the persons below as a principal, an agent, an agent-employee or an independent contractor - and explain your conclusion. For example, is Arnold a principal, agent- employee, or independent contractor and why? If you believe a person can hold more than one status, discuss/explain.