Asked by Brooke Thompson on Apr 30, 2024
Verified
All employees are agents of their employers, and all agents are employees.
Agents
Individuals or entities authorized to act on behalf of others in transactions or negotiations.
Employees
Individuals who work for another person or organization in return for compensation.
- Become versed in the terminology and types of agency connections.
Verified Answer
VS
Valerie SanchezMay 01, 2024
Final Answer :
False
Explanation :
While all employees can be considered agents when they are authorized to act on behalf of their employers, not all agents are employees. Agents can also include independent contractors and other non-employee representatives authorized to act on behalf of a company.
Learning Objectives
- Become versed in the terminology and types of agency connections.