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xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Clearly show all formulas and working (Refer to the attached Rubric) Rubric This question tries to test the following course learning outcomes: - Agency theory in organisations/workplace Students are required to: - Explain reasons for the existence of agency theory - Resolving agency theory Question 1 What is the main reason that an agency relationship exists in the corporate form of business organisations? What kinds of agency problems may arise and how are they resolved