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Agency theory deals with the issue of a. when to hire an agent to represent the firm in negotiations. b. the legal liabilities of a firm if an employee, acting as a firm’s agent, injures someone. c. the limitations placed on an employee acting as the firm’s agent to obligate or bind the firm. d. the conflicts that can arise between the viewpoints and motivations of a firm’s owners and managers.

User TonyAbell
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Answer:

d. the conflicts that can arise between the viewpoints and motivations of a firm’s owners and managers.

Step-by-step explanation:

Agency theory is a theory that deals with the relationship between a company's principals and their agents. It is used to explain tjis relationship and resolve the conflicts that can arise in this relationship.

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User Vanson Samuel
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