Which one of the following statements is TRUE?
a. The supervisor-employee relation between a production line supervisor and a production line operator is an example of an agency relationship.
b. An example of an agency relationship is when the CEO nominates a slate of candidates to be on the board of directors.
c. An example of an agency relationship is when a supervisor hires a forklift operator.
d. In an agency relationship, the principal delegates decision-making authority to the agent.
e. In an agency relationship, the agent delegates authority to the principal."