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Which of the following statements is true in the context of principal - agent relationships? The agency relationship typically does not involve conflicts between principal
Which of the following statements is true in the context of principalagent relationships?
The agency relationship typically does not involve conflicts between principal and agent
Agents almost always have more information about the resources they are managing than the principal does.
Pringipals almost always have more information about the resources they are managing than the agent does.
Information asymmetry can make it easier for principals to measure how well an agent is performing.
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