question archive In which of the following scenarios is an agency problem least likely to arise? A) The Chair of a Board Directors also being the CEO of a publicly traded company
In which of the following scenarios is an agency problem least likely to arise? A) The Chair of a Board Directors also being the CEO of a publicly traded company
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In which of the following scenarios is an agency problem least likely to arise?
A) The Chair of a Board Directors also being the CEO of a publicly traded company.
B) A carpenter repairing his bookshelf.
C) A real estate agent selling your house.
D) The majority owner of a publicly listed company having super voting stock and management responsibilities.
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Answer:
B) A carpenter repairing his bookshelf. (The agency problem is a conflict of interest inherent in any relationship where one party is expected to act in another's best interests.)
