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Because Managers (________)Have Less Incentive to Maximize Profits Than the Stockholders-Owners

Question 80

Multiple Choice

Because managers (________) have less incentive to maximize profits than the stockholders-owners (________) do,stockholders find it costly to monitor managers; thus,stockholders are reluctant to purchase equities.


A) principals; agents
B) principals; principals
C) agents; agents
D) agents; principals

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