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Which one of the following is an example of agency problem? 1. The board of directors thinking of their own best interest rather than the

Which one of the following is an example of agency problem?

1. The board of directors thinking of their own best interest rather than the interest of the company

2. Employees working in their own best interest rather than the interest of the company

3. Customers thinking of their own best interest rather than the interest of the company

4. Corporate managers (CEOs/CFOs) work in their own best interest rather than the interest of the company

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