What kind of a business organization would you choose

Reference no: EM132503523

Question 1) You have a limited amount of money to invest and you like to do a business, but you are also afraid of risk, what kind of a business organization would you choose: a proprietorship or a partnership? Explain your choice.

Question 2) Explain the three solutions that companies use to solve the principal-agent problem?

o Ownership
o Incentive pay
o Long term contracts

Attachment:- Microeconomics.rar

Reference no: EM132503523

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