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Which of the following best describes the agency relationship in a business setting? a. Stockholders are the agents of the bondholders. b. Management are the
Which of the following best describes the agency relationship in a business setting?
a. | Stockholders are the agents of the bondholders. |
b. | Management are the agents of the employees. |
c. | Bondholders are the agents of management. |
d. | Management are the agents of the stockholders. |
e. | Stockholders are the agents of the employees. |
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