Which of the following do not have a principal-agent conflict?
A) Shareholders and the Board of Directors
B) The Board of Directors and the CEO
C) Shareholders and bondholders
B
Business
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Generally speaking, a firm wants to receive cash flows from a currency that is ________ relative to their own, and pay out in currencies that are ________ relative to their home currency
A) appreciating; depreciating B) depreciating; depreciating C) appreciating; appreciating D) depreciating; appreciating
Business
One way to distinguish a team from a work group is that a team governs itself to some extent, while a work group is subject to external control
Indicate whether the statement is true or false
Business