Discuss the possibility of agency problems in a business that is a (a) Proprietorship, (b) Partnership with

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Discuss the possibility of agency problems in a business that is a 

(a) Proprietorship, 

(b) Partnership with five partners, 

(c) Corporation with 100,000 stockholders.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...
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CFIN

ISBN: 978-1305666870

5th edition

Authors: Scott Besley, Eugene Brigham

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