Suppose Bob owns two factories that are located several hundred miles apart. Bob decides to manage one of the plants himself, and he hires another person to manage the second plant. For purposes of operating the second plant, who is the agent and who is principal?

Question $2$ options:

A$)$

Bob is the principal and the manager is Bob's agent.

B$)$

Both Bob and the manager are principals.

C$)$

Bob is the agent and the manager is the principal.

D$)$

We need more information to determine the identities of the principal and the agent in this case.