Week 1 Discussion Forum
With no less than 300 words, post an initial reply to the question below Then please respond to at least two classmates’ post with a sentence or two about their post In most cases responding to the instructor posts will also count. Please note that you will not see your classmates’ messages until you create your initial post.
Online Forum Discussion:
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 (a) proprietorship, (b) partnership with seven partners, and (c) corporation with 100,000 stockholders. Make you case and back up your opinions.