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1) Compare and contrast 2 types of principal-agent relationships. Do you agree this should be an effective way to create an agency? Why or why

1) Compare and contrast 2 types of principal-agent relationships. Do you agree this should be an effective way to create an agency? Why or why not?

2) Pick one of the obligations of agent to principal and one for principal to the agent. Do you think this obligation is important? Why or why not? Give an example of a successful application of these obligations or of a breach. Explain why your example is successful or a breach of the obligations.

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