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Which of the following statements about the agency problem is most correct ? A The problem only occurs at not-for-profit corporations. B The problem can

Which of the following statements about the agency problem is most correct?

A The problem only occurs at not-for-profit corporations.
B The problem can be reduced by creating proper managerial incentives.
C The problem can be reduced by giving managers long-term contracts.
D Answers a. and b. are both correct.
E Answers a., b., and c. are all correct.

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