Discuss the possibility of agency problems in a business


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An agency relationship occurs when a principal hires an agent to perform some duty. A conflict, known as an "agency problem," arises when there is a conflict of interest between the needs of the principal and the needs of the agent.

Discuss the possibility of agency problems in a business that is a (i) proprietorship, (ii) partnership with seven partners, and (iii) corporation with 100,000 stockholders. Make you case and back up your opinions.

The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Business Management: Discuss the possibility of agency problems in a business
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