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Which of the following is CORRECT? Group of answer choices a, A Chief Executive Officer (CEO) in a corporation is always the chairman of the

Which of the following is CORRECT?

Group of answer choices

a, A Chief Executive Officer (CEO) in a corporation is always the chairman of the Board of Directors.

b, Potential agency problems can arise between managers and stockholders, because managers hired as agents to act on behalf of the owners may instead make decisions favorable to themselves rather than the stockholders.

c, All of the above are correct.

d, None of the above is correct.

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