Examlex
The difference between what a principal would like an agent to do and what the agent actually does is called agency loss.
Information Gathering
The process of collecting data and information from various sources to understand a subject or solve a problem.
Artist
An individual who creates art, such as paintings, music, sculpture, or literature, often using a range of materials and techniques.
Gallery
A room or building for the display or sale of artworks, but can also refer to a collection or exhibition of art.
Agency Costs
Expenses incurred due to conflicts of interest between shareholders and management, typically including monitoring, contracting, and opportunity costs.
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