In each of the following cases, who is the principal and who is the agent, and explain
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In each of the following cases, who is the principal and who is the agent, and explain why there might be asymmetry of information.
a. A suspicious wife hires a private detective to report on the movements of her husband.
b. A car leasing company providing a holidaymaker with a rental vehicle.
c. A homeowner seeking insurance for her home against flooding.
d. An individual making a routine visit to the dentist for a check-up.
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