To Prevent Problems, a Principal-Agent Contract Should Be in Writing

question 1

True/False

To prevent problems, a principal-agent contract should be in writing.

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Definitions:

Restless

A feeling of being unable to stay still or at ease, often leading to fidgeting or constant movement due to anxiety or boredom.

Discontent

A feeling of dissatisfaction or unhappiness with one's circumstances or environment.

Five-Need Hierarchy

A reference to Maslow’s hierarchy of needs, which outlines five levels of human needs from basic (physiological) to higher order (self-actualization).

Innate

Referring to qualities, abilities, or characteristics that are present from birth and not significantly influenced by external factors or learned experiences.