Agency & Law第 25 / 120 题
In an agency relationship, the client who hires and authorizes a broker to act on their behalf is the:
a.Agent
b.Principal
c.Customer
d.Subagent
解析
The principal (client) is the party who employs and delegates authority to the agent. The agent owes fiduciary duties to the principal, while a customer is a party the agent deals with but does not represent.
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