The Separation of the Ownership of Capital Necessary to Fund

question 95

Multiple Choice

The separation of the ownership of capital necessary to fund a business enterprise from the day-to-day operational management of business affairs is known as ________.

• A) stock ownership
• B) agency problem
• C) corporate governance
• D) principal problem

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Definitions:

Paralegals

Professionally trained individuals who assist lawyers in the delivery of legal services.

Job Benefits

Job benefits include various non-wage compensations provided to employees in addition to their normal salaries or wages. These can include health insurance, retirement plans, paid time off, and other perks.

Paid

Receiving money, benefits, or compensation in exchange for goods provided, services rendered, or employment.

Office Manager

An individual responsible for overseeing the administrative activities of an office, including the coordination of support services and the management of staff.