A(n)          would be an example of a principal, while a(n)          would be an example of an agent.

A company owner would be an example of a principal, while a manager hired by that owner would be an example of an agent.

Here's why:

1. A principal in business terms is a person who has controlling authority or is in a leadership position. In this case, the company owner has the ultimate authority and control over the business, making them the principal.

2. An agent, on the other hand, is a person who acts on behalf of another person or entity. They are given certain powers by the principal to make decisions or take actions. In this case, the manager is hired by the owner to run certain aspects of the business. The manager acts on behalf of the owner, making them the agent.