The principal–agent problem occurs as a result of: a. the absence of a contract between managers and owners. b. the sepa

[answerhappygod]

The principal–agent problem occurs as a resultof:
a.
the absence of a contract between managers andowners.
b.
the separation of ownership frommanagement.
c.
the difficulty of identifying the principal agent withwhom to negotiate.
d.
competition between managers at variouslevels.
e.
none of the above.