Contingent Contracts

question 51

Multiple Choice

Contingent contracts

• A)are inefficient when monitoring is possible.
• B)equally divide the risk between principal and agent.
• C)can be used when monitoring is not reasonably possible.
• D)put the risk on the principal.

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Definitions:

High Cheekbones

A facial feature where the cheekbones are prominent and located high on the face, often considered desirable in various cultures.

Mischievous Gleam

A look or expression that suggests playful intent or a tendency to cause harmless trouble.

Definitely

expressing emphatic agreement or the state of being certain.

Crowds

Large groups of people gathered together, often for a common purpose or event.