Question

5.Michelle is an estate agent. She hears from her friend Jonathan that Sarah wants to sell her house. Michelle promises that if she sells Sarah's house and receives her payment, she would pay Jonathan R2 000. She phones Sarah and speaks to her 2ssistant Thabo. Thabo is an employee of Sarah's and manages all of her properties. Michelle offers her services in selling the house at the best possible price. All she wants for her troubles is R20 000. Who in this specific example is the principal? And justify your answer. ​

Answer 1

In the question that we have here the person that is the principal is Sarah.

Who is a principal?

This is the term that is used to refer to a given person that gets another person to work or represent them. That is the other person would be authorized to carry out the transactions such as buying and the selling of properties on their behalf.

In the question, we can see the justification from the fact that the owner of the house Sarah has given the seller or agent the right to act on her behalf on the transaction.

Read more on principal here: https://brainly.com/question/18651220

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