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do not copy other chegg answers. no plagurism. no written or pictures just text. detailed answer only. Question 6 I Explain the principal-agency problem. Can

do not copy other chegg answers. no plagurism. no written or pictures just text. detailed answer only.

Question 6 I Explain the principal-agency problem. Can you propose one potential solution for this problem to reduce costs associated with the problem? Do you think that your proposed solution can completely eliminate he principal-agency problem? Please justify your answer. The word count limit for answering this question is 400 words. (8 marks)

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