Question

In which form of organisation member act as both as agent and principal?

Answer 1

In Partnership form of organsation, There is said to be a 'mutual agency' among partners. Whereby, each partner is an 'agent' as he performs on the behalf of all the partners and he is a 'Principal' when other partners perform on behalf of him(he will also be held liable for their actions).

Answer 2

Hola Curious!!

Answer:

In partnership form of organisation, There is said to be a 'mutual agency' among partners. Whereby, each partner is an 'agent' as he performs on the behalf of all the partners and he is a 'Principal' when other partners perform on behalf of him(he will also be held liable for their actions).

Hope it helps :')

Plz mark as brainliest!!