{"id":81700,"date":"2022-01-29T04:33:50","date_gmt":"2022-01-29T04:33:50","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=81700"},"modified":"2022-01-29T04:33:51","modified_gmt":"2022-01-29T04:33:51","slug":"which-of-the-following-regarding-agency-theory-is-correct","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/which-of-the-following-regarding-agency-theory-is-correct\/","title":{"rendered":"Which of the following regarding agency theory is correct?"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>Q. Which of the following regarding agency theory is correct?<\/strong><\/h3>\n\n\n\n<p>A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Agency theory only applies to large entities.<\/p>\n\n\n\n<p>B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Agents act in the best interest of the principal.<\/p>\n\n\n\n<p>C.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Agents are assumed to be in a position of power.<\/p>\n\n\n\n<p>D.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Agency theory defines the relationship between agents and directors.<\/p>\n\n\n\n<p>Answer: Agents are assumed to be in a position of power.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Which of the following regarding agency theory is correct?<\/p>\n","protected":false},"author":419,"featured_media":81701,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3004],"tags":[],"offerexpiration":[],"class_list":["post-81700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-ethics-mcqs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/81700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/419"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=81700"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/81700\/revisions"}],"predecessor-version":[{"id":81702,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/81700\/revisions\/81702"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/81701"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=81700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=81700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=81700"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=81700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}