Scenario: Edward Has Inherited a House

Multiple Choice

Scenario: Edward has inherited a house. As the house is far away from where he lives currently, it has been vacant for the past few years. A housekeeper is paid regularly to look after the house and keep it clean. However, because Edward seldom visits the house, the housekeeper does not clean the house regularly.
-Refer to the scenario above.Identify the correct statement in this case.

A) Edward is a rent seeker.
B) The housekeeper is a free rider.
C) The problem can be solved through government intervention.
D) The relationship between Edward and the housekeeper is an example of a principal-agent relationship.