Our other Assistant Professor, Sonia Hasheml, has been preparing assiduously for this Test. She anticipated a question on agency theory. She is wondering who are agents and also who are principals. In addition, she is wants to know what exactly are the two problems with which agency theory is concerned. She reviews the presentation in the textbook on agency theory and she cannot readily find the answers to these three questions. What do you think the answers should be? Please present the answers in separate paragraphs and state the source of your answers. (6 mark$) Y