Question

Omar is Precise Service Company's chief executive officer. On Precise's behalf, Omar solicits business, hires and fires workers, and handles the finances. Precise pays Omar varying amounts, depending on his "needs." Omar is most likely

A. a principal.
B. an employee.
C. an employer.
D. an independent contractor.

Answer 1

The correct answer is the option A: a principal.

Step-by-step explanation:

To begin with, the term of ''principal'' in the field of business refers to the individual who may have many roles inside an organization but he is basically one of the most importants person in the company. Moreover, the figure of the principal is sometimes related to the owner of the business or to the chief executive officer as well. Therefore that Omar is most likely a principal in Precise Service Company.