Select the following which is /are agency problem? Question 1 options: Companies can tackle the agency issue by providing rewards for high performance, enforcing sanctions for poor performance and inappropriate behavior, implementing stringent screening procedures Monitoring costs: Costs borne by the principal to mitigate the problems associated with using an agent. All are correct. Bonding costs: Costs borne by the agent to build trust with their principal, such as costs associated with obtaining insurance, posting performance bonds, and other forms of financial assurance