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A tour company sells tickets for a special medieval meal for tourists at a local restaurant. The tour company charges $50 to the tourist and
A tour company sells tickets for a special medieval meal for tourists at a local restaurant. The tour company charges $50 to the tourist and remits $40 to the restaurant. The restaurant then provides the food and service and deals with any issues the tourists may have during the meal. The average cost of providing the meal and service is $25 per tourist. Using the agent criteria, is the tour company a principal or an agent? A. The tour company is considered a principal. B. The tour company is considered an agent. C. The tour company is neither principal nor agent. D. The tour company is a principle for the $50 fee and an agent for the $25 cost
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