When assessed in terms of percentage of revenue what is the leading business form in the United States?

a. corporations b. sole proprietorships c. partnerships d. limited liability companies

Which of the following situations will result in agency cost?

a. When managers put their own self-interest ahead of the interest of the shareholders.

b. when the board of directors put their own self-interest ahead of the interest of the shareholders.

c. when managers put their own self-interest ahead of the interest of the board of directors.

d. When the board of directors put their own self-interest ahead of the interest of the managers.

its general questions