. Manny owns a local fast-food franchise. Angel runs it for him. So in this situation, Manny is the ____________ and Angel is the ________________.
a. Free rider; entrepreneur.
b. Agent; principal.
c. Principal; agent.
d. Producer; consumer.
7. A principal is worried that her agent may not do what she wants. As a solution, she should consider:
c. Profit sharing.
d. All of the above.
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