In Which of the Following Relationships Is an Agency Conflict

question 15

Multiple Choice

In which of the following relationships is an agency conflict problem LEAST likely to arise?

• A)the relationship between a hire-car company and the persons who hire that company's cars regarding the treatment of those cars
• B)the relationship between high-level military officers and the soldiers who serve under them regarding the willingness of the soldiery to take risks
• C)the relationship between a restauranter and the suppliers of produce to that restaurant regarding the freshness of the produce supplied
• D)the relationship between a driver and the passengers in a car regarding the safe driving of that car

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Definitions:

Civil Society

The realm of organized social life that is voluntary, not-for-profit, and outside of the government, which can include NGOs, clubs, and other nonprofit entities.

Democratic System

A form of government in which power is vested in the hands of the people, who exercise power directly or through elected representatives.

Corporate Capitalism

An economic and social system where corporate organizations, rather than individuals or governments, control the production and distribution of goods and services.

Wagner Act

A foundational piece of labor legislation in the United States, officially known as the National Labor Relations Act of 1935, which guarantees workers the right to organize into unions and bargain collectively.