What does the legal concept of agency mean hat are the, Operation Management

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What does the legal concept of agency mean hat are the

Question One: Agency

A) What does the legal concept of agency mean?

B) Who can serve as an agent or a principal?

C) Provide two (2) examples of an agency relationship.

Question Two: Authority

A) What are the different types of authority an agent might have?

B) Define each one.

C) Why is it important to identify the type of an agent’s authority

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