Course Solutions Uncategorized (Answered) : 11. An employee that has the authority to use the employer’s credit card for business expenses, hire and fire employees, and make

(Answered) : 11. An employee that has the authority to use the employer’s credit card for business expenses, hire and fire employees, and make

11. An employee that has the authority to use the employer’s credit card for business expenses, hire and fire employees, and make major purchases, has what kind of relationship with the business? a. Universal agent b. General agent c. Special agent d. Independent contractor e. General contractor

Expert Answer


11) Universal agent.

An employee that has the authority to use the employer’s credit card for business expenses,hire and fire employees,and making major purchases,has what kind of relationship with the business.

Usually universal agents are appointed by a power of attorney.

Universal agents are power to do anything in business operations and authorized

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