Item$20$

$1$points

Time Remaining $4$ minutes $30$ seconds

$00$:$04$:$30$

Item $20$

Time Remaining $4$ minutes $30$ seconds

$00$:$04$:$30$

Agency costs are likely to arise when

Multiple Choice

the stockholders are aware of the degree to which the agents are pursuing the principal's goals.

stockholders are involved in day$-$to$-$day operations of the company.

there is information symmetry between the agent and the principal.

owners and managers are the same.

principals and agents have different goals.