Business Studies, asked by stephenanthony687, 11 months ago

Define Partnership. Explain Principal-Agent relationship in Partnership. (See Lesson 3)

Answers

Answered by hansika123
0
partnership is a association of two or more people being as partners.
Answered by Princess1234567
5
Heya....❤❤❤

here is ur answer...

The principal-agent relationshipis an arrangement in which one entity legally appoints another to act on its behalf. ... Therelationship between theprincipal and the agent is called the "agency," and the law ofagency establishes guidelines for such a relationship...

hope it helps...

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