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17. Each of the following is a primaryagency relationship in a corporation EXCEPT for the relationship between the firm's A bank and the Federal Reserve.

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17. Each of the following is a primary"agency relationship" in a corporation EXCEPT for the relationship between the firm's A bank and the Federal Reserve. B. stockholders and its creditors. C. inside owners/managers who own a controlling interest in the company vs. the firm's outside shareholders. D. outside stockholders vs the firm's hired managers. 2 11. American Manufacturing, Inc. is considering purchasing a new main-frame computer for its corporate office. The firm is also considering the purchase of a new packaging machine for its Lincoln, Nebraska production facility. These two capital budgeting projects are likely mutually exclusive." A. TRUE / FALSE QUESTIONS Write either "True" or "False" on the blank preceding each

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