The demand for computer programmers is inseparably tied to the supply of computer software

Agency problems appear in many settings within a firm. All of the following are examples, except which is NOT a good example of this problem?

a. Diversified stockholders are more enthusiastic on accepting business risks than are firm managers. b. Firm managers receive cash bonuses based on the performance of the firm. c. Employees sometime take items from the store in which they work. d. Lenders to firms want the managers to invest in safe projects to protect their collateral in the project but managers want to invest in projects that will make a name for them and warrant promotion. e. Firm managers sometime want to relax on the job.

Regarding the frustration of purpose doctrine, which of the following statements is true?

a. the purpose for which seller entered into the contract has become illegal b. the purpose for which buyer entered into the contract has become illegal c. the purpose of the contract has become illegal d. the contract no longer facilitates deferred exchange