and only your money is invested in the business, would any agency conflicts exist? Explain your answer.

b$.$ If you expanded and hired additional people to help you, might that give rise to agency problems?

c$.$ Suppose you need additional capital to expand, and you sell some stock to outside investors. If you maintain enough stock to control the company, what type of agency conflict might occur?

d$.$ Suppose your company raises funds from outside lenders. What type of agency costs might occur? How might lenders mitigate the agency costs?