Because managers have less incentive to maximize profits than the stockholders-owners do, stockholders find it costly to monitor managers; thus, they are reluctant to purchase equities.
a. agents; agents
b. agents; principals
c. principals; agents
d. principals; principals

Which statement best completes the diagram of the ways the different branches of government can limit each other's powers?

Should the u.s limit the number of terms a lawmaker can serve in congress

You are a cfp and although you never went to law school, you consider yourself to be very good at reviewing wills. your client, catherine, asks you to prepare a will for her. should you prepare a will for catherine? a. yes, catherine is your best client and you might lose her if you do not prepare the will.b. yes, it is permissible for a cfp to prepare a legal document. c. no, preparing catherine's will would be considered the unauthorized practice of law.d. no, you should only prepare catherine's will if you are going to prepare her husband's will as well.