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A principal agent problem could potential arise from which of the following relationship? a) A manager acts on behalf of the shareholders. b) A fund
A principal agent problem could potential arise from which of the following relationship?
a) A manager acts on behalf of the shareholders.
b) A fund manager make investment decisions for his/her clients.
c) A bank lends to its clients.
d) A trader works for an investment bank.
1 | a, b, c, d | |
2 | a, b, c | |
3 | a, b | |
4 | b |
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