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Who Is Who in the Principal-Agent Model

Question 17

Multiple Choice

Who is who in the principal-agent model?


A) The principal is the owner of the business and the agent is the manager of the business
B) The principal is the manager of the business and the agent is the owner of the business
C) The principal and the agent is the same person
D) The principal is the director of the business and the agent is the manager of the business

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