Discussion Post
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 one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.