The person from whom an agent has received instruction and authorization and to whose benefit the agent is expected to perform and make decisions pursuant to an agency relationship is called the_________ .

Respuesta :

Answer:

Principal.

Explanation:

As the name implies, the principal is seen or known to be the person from whom an agent has taken authorization and strictly adhere to and is anticipated to form certain decisions. this could be seen to be a fiduciary relationship between the principal. This said principal is seen in many cases in appointing of agents functioning on their behalf and in their best interest. it's expected also that conflict of interest between the two, if there is, this creates a principal-agent problem.

Also relationship is expressed clearly through a written contract or is implied through actions.