Julio hired Tim to sell his house. Which of the following statements is correct? Julio is Tim's principal. Jhm Tim, but not Julio, can terminate the agency relationship. Julio, but not Tim, can terminate the agency relationship. Tim is Julio's principal.
Julio hired Tim to sell his house. Which of the following statements is correct? Julio is Tim's principal. Jhm Tim, but not Julio, can terminate the agency relationship. Julio, but not Tim, can terminate the agency relationship. Tim is Julio's principal.
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![Julio hired Tim to sell his house. Which of the following statements is correct?
Julio is Tim's principal.
Shm
Tim, but not Julio, can terminate the agency relationship.
Julio, but not Tim, can terminate the agency relationship.
Tim is Julio's principal.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3bcae66a-f265-4775-a305-e5fe053be2d4%2F4ab54b2f-01dd-4d4f-bb4c-9237ffe828b3%2Fvwhumu8.jpeg&w=3840&q=75)
Transcribed Image Text:Julio hired Tim to sell his house. Which of the following statements is correct?
Julio is Tim's principal.
Shm
Tim, but not Julio, can terminate the agency relationship.
Julio, but not Tim, can terminate the agency relationship.
Tim is Julio's principal.
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