Suppose you are considering renting an apartment. You, the renter, can be viewed as an agent while

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Suppose you are considering renting an apartment. You, the renter, can be viewed as an agent while the company that owns the apartment can be viewed as the principal. What principalagent conflicts do you anticipate? Suppose, instead, that you work for the apartment company.

What features would you put into the lease agreement that would give the renter incentives to take good care of the apartment?

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Corporate Finance

ISBN: 9781292304151

5th Global Edition

Authors: Jonathan Berk, Peter DeMarzo

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