Arnold is the CEO of Beta Corp. Arnolds responsibilities include making decisio
Arnold is the CEO of Beta Corp. Arnolds responsibilities include making decisions on product development marketing and other significant business directions. Arnolds position is subject to the approval and oversight by Betas Board of Directors. Carol is a Beta manager whose responsibilities include directing Betas day to day hiring firing purchasing and selling. Dave is a Beta salesperson whose daily activities are controlled by Carol his supervisor. Dave is authorized by Carol to enter into contracts on behalf of Beta. Fred works from home to edit Betas technical manuals on a contract- per-manual basis (he is paid for each manual he edits) and is not otherwise subject to Betas control. Identify each of the persons below as a principal an agent an agent-employee or an independent contractor “ and explain your conclusion. For example is Arnold a principal agent- employee or independent contractor and why? If you believe a person can hold more than one status discuss/explain.