Separating the functions of principals and agents is likely to result in
A. diversification of investment risk.
B. information symmetry.
C. better goal congruence.
D. reduction in agency costs.
E. immobility of financial capital.
Answer: A
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The result of normal trade relations (the most-favored-nation clause) is
a. a discriminatory tariff structure. b. a nondiscriminatory tariff structure. c. an increase of all tariff rates between all nations. d. an elimination of all tariff rates for all nations.
Which element below is defined as the feeling of motivation and control we get from making efforts that do not rely on any external influences?
A. need for purposefulness B. need for self-determination C. need for resolve D. need for capability
The proportion of world trade accounted for by Latin America has evidenced ____ since 1980.
A. a tripling B. an overall decline C. an increase of 20 percent D. more than a fivefold increase E. no change
The issuance of favorably priced shares to management while excluding other shareholders normally will constitute a violation of the fiduciary duty
a. True b. False Indicate whether the statement is true or false