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A principal-agent problem is most likely to arise when: a new music school is inaugurated in a town. a homeowner appoints a gardener to maintain

A principal-agent problem is most likely to arise when:

a new music school is inaugurated in a town.

a homeowner appoints a gardener to maintain his lawn.

a homemaker buys fresh fish from a local fishmonger.

a company outsources its tax computation to a consultancy.

a teenager requests his hair stylist for a new hairstyle.

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