“Exploring the Benefits and Drawbacks of Agency Relationships and Their Types”

Briefly discuss agency, specifically the pros and cons of agency and one of the following topics:
the differences between a principal-agent and employer-employee relationship,
the various types of agent authority, or
the types of agency creation and termination, etc. Please respond to attached thread and expand or react to a classmate’s post.
KEEP IN MIND THIS IS NOT AN ESSAY ITS DISCUSSION BOARD WRITING!
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