All Else Equal, in Which of the Following Forms of Business

question 34

Multiple Choice

All else equal, in which of the following forms of business would the possibility of an agency problem be the greatest?

• A)An U.S.corporation that is publicly traded.
• B)A proprietorship.
• C)A partnership in which all the partners share management and decision-making responsibilities equally.
• D)A foreign corporation with concentrated ownership that is, relatively few owners.

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Definitions:

Poorest Members

Individuals or groups who are considered to have the lowest economic status and resources in a society or community.

American Society

A reference to the societal structure, norms, and cultural practices within the United States, characterized by its diverse population and values.

Forces Of Globalization

Factors and dynamics that lead to the increasing interconnectedness and interdependence of countries, cultures, and economies worldwide.

Bhutan

A small country in South Asia known for measuring Gross National Happiness as an indicator of its development, rather than solely relying on Gross Domestic Product (GDP).