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c) Agency problem is pervasive and exists in practically every organization whether a business, church, club, or government. Organizations try to solve it by instituting
c) Agency problem is pervasive and exists in practically every organization whether a business, church, club, or government. Organizations try to solve it by instituting measures but no organization can remedy it completely. How would you analyze this statement within the context of a limited liability company and what are the possible remedies to this problem? (7 marks)
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