The differences in the ownership structure of a stock S&L and a mutual S&L can lead to...
A)a higher incidence of an agency problem between the owners and managers in a stock S&L than a mutual S&L
B)a higher incidence of an agency problem between the owners and managers in a mutual S&L than a stock S&L
C)a diseconomy of scope in mutual S&Ls
D)both a and c
E)both b and c

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The Answer of The differences in the ownership structure of a stock S&L and a mutual S&L can lead to...
A)a higher incidence of an agency problem between the owners and managers in a stock S&L than a mutual S&L
B)a higher incidence of an agency problem between the owners and managers in a mutual S&L than a stock S&L
C)a diseconomy of scope in mutual S&Ls
D)both a and c
E)both b and c

The Differences in the Ownership Structure of a Stock S&L