discussion about the material provided

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For this discussion, you are asked to reflect on the material covered: Evaluate and give at least two (2) characteristics each of the Principal, Agent, and Independent Contractor?

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The agency and the principal association gets often defined in contractual terms. A principal is a person who hires an agent to perform certain acts on his or her behalf. The acts done by the agent are binding upon the principle as there is a fiduciary relationship in existence. The relationship may either get clearly expressed. An agent is a person who agree to undertake to act on behalf of the principal.

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