In light of principal–agent theory, briefly describe the relationship among contracts, superiors, and subordinates.
What will be an ideal response?
Superiors initiate contracts and then hire subordinates that help to carry out the work necessary to execute the contract or complete the work.
You might also like to view...
Which of these factors has the biggest influence over the development of a person's ideology?
a. Nationalism b. Socialization c. Opinion polls d. The welfare state
Which of the following is a "wedge issue"?
a. women's reproductive rights b. funding for police and firefighters c. maintaining bridges and roads d. testing new medicines for safety
An important fact about class in the United States is that __________.
A. people are aware of the class they are in B. people see themselves as members of the elite class C. class identification is objective D. class identification is quite weak
Why has there traditionally been no formal division along party lines or a formal system of choosing floor leaders in the Texas legislature?
A. The powers of the presiding officers and the longtime Democratic-controlled system did not produce a leadership structure comparable to that of the U.S. Congress. B. Though membership in the legislature includes Republicans and Democrats, the delegation of power has not typically been done in a partisan fashion. C. Legislative rules concerning the appointing of floor leaders were removed in the early twentieth century to reduce partisanship. D. Though membership in the legislature includes Republicans and Democrats, the delegation of power has been left to the whim of the presiding officers, which varies greatly.