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tetleyelmo tetleyelmo
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7 years ago
What is the principal-agent problem?
A) When the principal misrepresents the agent to the board
B) When an agent does not maximize the utility of the principal
C) The cost of training new agents
D) When an agent misrepresents the principal to the board
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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BlimpBlimp
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Posts: 499
7 years ago
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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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tetleyelmo Author
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7 years ago
Thanks
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This helped my grade so much Perfect
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This site is awesome
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