Question: Gerald Samuelson is the sole owner of a successful local home improvement store chain, Samuelson s Savvyhome. Mr . Samuelson took out a zero -

Gerald Samuelson is the sole owner of a successful local home improvement store chain, Samuelsons Savvyhome. Mr. Samuelson took out a zero-interest loan from the business in order to construct a new luxury home on the Jersey Shore. This is a prime example of an agency problem.
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