Generally,the Agent Owes the Principal No Duties

question 26

True/False

Generally,the agent owes the principal no duties.

---

Definitions:

Shareholders

Individuals or entities that own shares in a corporation, making them partial owners of the company with rights to dividends and voting in corporate matters.

CEO's Pay

The compensation package awarded to the chief executive officer of a corporation, including salary, bonuses, and stock options.

Short-termism

A focus on short-term results at the expense of long-term interests.

Quarterly Earnings

A company's profit or earnings report issued every quarter, reflecting its financial performance over a three-month period.