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Part II - Discuss the following : 1. Define Agency. 2. What is the basis of agency? 3. Discuss the nature of the relation between

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Part II - Discuss the following : 1. Define Agency. 2. What is the basis of agency? 3. Discuss the nature of the relation between the principal and agent. Part II - Discuss the following : 1. Define Agency. 2. What is the basis of agency? 3. Discuss the nature of the relation between the principal and agent

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