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estion 22 3 pts Karen owns an art gallery and does painting on the side. She pays a base price for other artists' works and
estion 22 3 pts Karen owns an art gallery and does painting on the side. She pays a base price for other artists' works and displays them in her gallery which is open for business. Karen negotiates the selling price of all pieces that are available for sale to customers. When a piece sells for double the base price, Karen typically remits a 10% bonus to the original artist. Any pieces of art that are not sold are eventually donated to schools and local non-profits. Is Karen a principal or an agent? Karen is an agent because she collects a commission. Karen is an agent because she controls the prices of the goods sold. Karen is a principal because she owns her own gallery. O Karen is a principal because she bears inventory risk and determines selling price
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