Examlex
Which of the following would be best considered to be an agency problem in the behaviour of the following financial managers?
Supplier
A person or organization that provides goods or services to another entity, typically as part of a supply chain.
Cash
Currency and other liquid instruments in a financial system or on a company's balance sheet used for transactions or settling debts.
Inventory
The goods and materials that a business holds for the purpose of resale or production.
Credit
The trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately but promises either to repay or return those resources at a later date.
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