Examlex
A(n) ____is the forcible taking of a person or property in response toa violation of the law.
Agency Costs
Expenses that arise from conflicts of interest between principals (such as shareholders) and agents (such as managers) within a corporation.
Spot Checks
Random inspections or audits conducted without prior notice to ensure compliance or verify the quality of ongoing activities.
Quality
How well a product or service fulfills or goes beyond what customers anticipate.
Agency Costs
The costs associated with resolving conflicts of interest between principals and agents, including monitoring and incentive expenses.
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