15. Which of the following description regarding the principal-agent relationship is incorrect?
(A) Persons, corporations, partnerships, not-for-profit organizations, and government agencies may all be
principals and appoint agents.
(B) Any individual is qualified to serve as an agent.
(C) The law allows the principal to authorize somebody to carry out her duties for a specific purpose.
(D) The agent owe a duty of loyalty to the principal.