The CEO of Dynadyne corporation has been more concerned with enhancing his lifestyle by having the company pay for expensive corporate retreats than he has been with increasing the value of the company's stock. In this situation, the CEO is ________ and
the stockholders are ________.
A) the principal; the agents
B) the agent; the principals
C) an agent; also agents
D) a principal; also principals
Answer: B
You might also like to view...
Most regional trade and WTO agreements practice
A) the harmonization standards only. B) separate standards only. C) mutual recognition standards only. D) a combination of harmonization, mutual recognition, and separate standards. E) only the standards set out by the WTO.
Due to Pigou’s “defective telescopic faculty,” a market economy is inefficient in allocating resources between the present and the future.
Answer the following statement true (T) or false (F)
The market demand curve is calculated by:
A. Summing the price from individual demand curves. B. Averaging the price demanded from individual demand curves. C. Summing the quantities demanded from individual demand curves. D. Averaging the quantities demanded from individual demand curves.
The public debt is the sum of all of the previous
A. expenditures of the federal government. B. budget deficits of the federal government. C. budget deficits less the budget surpluses of the federal government. D. budget surpluses less the budget deficits of the federal government.