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For an Element with a Lot of Text That Uses

question 18

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For an element with a lot of text that uses absolute positioning, if you use the left property, you should also use the width property.


Definitions:

Agency Costs

Costs arising from the conflict of interest between a principal (such as a shareholder) and an agent (such as a company manager), including monitoring and contracting costs.

Moral Hazard

A situation in economics where one party can take risks because they do not bear the full consequences of their actions, often due to asymmetric information or a disconnect between actions and consequences.

Information Gathering

The process of collecting data and information from various sources to make informed decisions or understand situations better.

Principal-agent Relationships

A scenario where one party (the principal) delegates work to another party (the agent), who performs that work on behalf of the principal.

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