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The Principal-Agent Problem, as Applied to the Management of a Company

Question 216

Multiple Choice

The principal-agent problem, as applied to the management of a company, would have the


A) stockholders as the agents and the managers as the principals.
B) company as the principal and the customer as the agent.
C) stockholders as the principals and the managers as the agents.
D) customer as the principal and the company as the agent.

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