5. Michael told Greg to sell his collection of vintage heavy metal band t-shirts. He

told Greg to accept no less than $20 for each t-shirt. Also, Michael said to ONLY

accept cash.

a. Who is the agent?

The correct answer is Greg. He is the agent.

Explanation:

First of all, the term agent, in business, is understand as the individual that currently manages another person's business affairs and that commonly spend much of his time negotiating contracts for his clients.

Secondly, according to the definition of agent, it is understandable that in this case the agent is Greg due to the fact that he is the one that has to sell the collection, under Michael's orders.