Which of the following is true of how agents may differ from principals?
A)Agents can diversify the risks more easily.
B)Agents are more likely to pursue projects with high potential payoffs.
C)Agents can diversify investments better.
D)Agents are more averse to risk.
E)Agents are likely to prefer more emphasis on uncertain incentives than base pay.

Question

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The Answer of Which of the following is true of how agents may differ from principals?
A)Agents can diversify the risks more easily.
B)Agents are more likely to pursue projects with high potential payoffs.
C)Agents can diversify investments better.
D)Agents are more averse to risk.
E)Agents are likely to prefer more emphasis on uncertain incentives than base pay.

Which of the Following Is True of How Agents May