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Is this a potential agency conflict between William and Abigail? No; Since William acknowledged that the car would not be used to support the business,
Is this a potential agency conflict between William and Abigail?
No; Since William acknowledged that the car would not be used to support the business, no agency conflict can arise.
Yes; William is misappropriating some of Abigail's wealth by unilaterally purchasing a nonbusiness asset using ANB's funds.
No; William and Abigail are both authorized to spend ANB's money, so no conflict of interest can occur.
No; William and Abigail coown and comanage ANB and have a partnership agreement that makes them equal, so an agency conflict cannot exist.
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Project Management A Systems Approach to Planning Scheduling and Controlling
Authors: Harold Kerzner
10th Edition
978-047027870, 978-0-470-5038, 470278706, 978-0470278703
