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  1. Topics
  2. Business
  3. Microeconomics Study Set 26
  4. Quiz 10: Organizing Production

In the Principal-Agent Relationship Between a Bank Manager and a Bank

Question 128
Multiple Choice

In the principal-agent relationship between a bank manager and a bank teller, the manager is A) an agent, as is the teller. B) an agent and the teller is a principal. C) a principal and the teller is an agent. D) a principal, as is the teller.

Related questions
Q 129
Which of the following statements regarding principal-agent relations is correct? A) Workers are principals for managers. B) Stockholders are agents. C) Managers are both principals and agents. D) All of the above answers are correct.
Q 130
Which of the following correctly characterize principals and agents in important examples of the principal-agent problem? A) In the doctor/patient relationship, the patient is the principal and the doctor is the agent. B) In the lawyer/client relationship, the client is the principal and the lawyer is the agent. C) Both of the above answers are correct. D) Neither of the above answers is correct.
Q 131
In a corporation, the managers are the stockholders' A) principals. B) agents. C) level coordinators. D) incentive system.
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