Which statements are true about the principal-agent relationship? C] All employees are agents C] Agency by estoppel is based on the actions and representations of the principal. [:J A principal may be held liable for the actions of an agent under the theory of respondeat superior if that agent is an employee and acting within the scope of employment C] No agency relationship can be created unless the principal determines that a person should act on hisfher behalf and the agent agrees to do so. C] All agents are employees C] only a principal will be held liable in instances of agent negligence or tort Companies that receive notice of a violation of one or more of the FTC guidelines have which options? C] enter into a consent order and change its behavior without admitting wrongdoing C] ask consumers for an opinion on the matter C] receive a cease and desist, change nothing, and pay fines for violations C] receive a cease and desist and appeal