WEEK 3″Agency Formation and Management Perspective” Please respond to the following:Chapter 5 states ââ¦without the law of agency, corporations could not function at all.â Share an example not given in the textbook that proves this statement correct. Next, outline the advantages and disadvantages of the various types of agency relationships.From a legal perspective, determine if it is easier for a manager to deal with an employee or an independent contractor. Provide an example or rationale for your answer.WEEK 4″Government Agencies and Federal Register” Please respond to the following:Summarize how this chapter is of value to two of the following individuals.A new business owner of a residential and commercial carpet cleaning serviceThe executive director of a nonprofit organization serving homeless individualsA sales manager of a company making automotive pumpsA school superintendent of the largest district in the state.Analyze the ways in which managers could use the Federal Register to determine the single most significant challenge associated with its use, and how managers could address that challenge. Next, from the e-Activity, discuss how managers could best leverage the Federal Registerâs Website. Provide specific examples to support your response.