Copious Corp

Multiple Choice

Copious Corp.is owned by 2 million stockholders who elect a board of directors that selects a management team responsible for hiring workers to serve customers by selling and repairing computer mice.Which of the following statements is true?

A) In the principal-agent relationship between workers and customers, the customers are the agents.
B) In the principal-agent relationship between workers and managers, the managers are the agents.
C) In the principal-agent relationship between the stockholders and the board of directors, the stockholders are the agents.
D) In the principal-agent relationship between the stockholders and the customers, the stockholders are the agents.
E) In the principal-agent relationship between management and the board of directors, the managers are the agents.