Question

Justin hires Miguel to sell his baseball glove for $560. As part of their contract, Justin will pay him $100 to conduct the sale. Justin is a _______________________. Group of answer choices

Answer 1

Justin is the principal in the scenario where he hires Miguel to sell a baseball glove, with Miguel acting as the agent.

Step-by-step explanation:

Justin, in this scenario, is considered to be the principal because he is the one who has hired Miguel to perform a service on his behalf, which is the sale of a baseball glove. Miguel acts as Justin's agent, carrying out the task of selling the baseball glove for an agreed compensation of $100. In the world of business and contracts, the person who delegates authority to another to perform certain tasks is called the principal, while the one who carries out these tasks is called the agent.