Multiple Choice
Who among the following is the principal in the agency relationship of a corporation?
A) A company engineer
B) The CEO of the firm
C) A stockholders
D) The board of directors
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q4: Which of the following unconditional powers does
Q7: The legal system and market forces impose
Q8: Which of the following helps in maximizing
Q10: The cash remaining with the firm after
Q11: Unlimited liability means that the owner of
Q12: Which form of business organization generate(s) the
Q14: One reason for the existence of agency
Q27: Which of the following organizational forms is
Q36: Capital assets are generally short term in
Q72: Financing decisions determine how firms raise cash