Asked by Alexandra Rosen on Jun 06, 2024
Verified
All employees are agents, but not all agents are employees.
Employees
Individuals who are hired by a business or organization to perform specific duties in exchange for compensation such as wages, salary, or other benefits.
Agents
Representatives authorized to act on behalf of another person or entity, often in business or legal matters.
- Master the central theories of agency law, including elucidating the definitions of agents, independent contractors, and employees.
Verified Answer
JG
jonathan GonzalezJun 12, 2024
Final Answer :
True
Explanation :
This statement is true because an agent can be an independent contractor or a representative of a company who is not considered an employee. However, every employee is considered an agent representing their employer.
Learning Objectives
- Master the central theories of agency law, including elucidating the definitions of agents, independent contractors, and employees.