hich of the following are types of business agency relationships? (Check all that apply.)Multiple select question.Employer-independent contractorOfferor-offereeEmployer-employeePayor-payeePrincipal-agent
Question
hich of the following are types of business agency relationships? (Check all that apply.)Multiple select question.Employer-independent contractorOfferor-offereeEmployer-employeePayor-payeePrincipal-agent
Solution
The types of business agency relationships from the options provided are:
- Employer-independent contractor
- Employer-employee
- Principal-agent
The other options, Offeror-offeree and Payor-payee, are not types of business agency relationships. The Offeror-offeree relationship is a contractual one, where the offeror makes an offer and the offeree accepts or rejects it. The Payor-payee relationship is a financial one, where the payor gives money to the payee.
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