Agents have an incentive to make transactions happen and are motivated to apply pressure to
whomever is motivated to reach a deal. Therefore a key challenge of working with agents is that:
A) the agent has limited authority to offer price reductions
B) an agent's incentives are not perfectly aligned with the principal's
C) the emotional detachment and tactical flexibility provided by an agent may make it hard
for the counterparty to infer the principal's interests
D) the agent doesn't act as a face -saving buffer for the principal
B
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An employer is absolutely liable for sexual harassment of its subordinates by its superiors where it has a tangible effect on the subordinates' employment.
a. true b. false
Roland has developed and patented an inexpensive and organic way to enhance the fertility of clay soils without the addition of chemical fertilizers. But established agricultural chemical companies have rejected his proposals. After six months of promoting his invention during his time off from his regular job, Roland has decided to set his dream aside. Roland lacks a key characteristic of successful entrepreneurs, which is
a. the ability to identify opportunities. b. a corporate sponsor. c. financial slack. d. passion for his invention.