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FIN 505 DeVry Week 6 Problem Set

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<strong>FIN</strong> <strong>505</strong> <strong>DeVry</strong> <strong>Week</strong> 6 <strong>Problem</strong> <strong>Set</strong><br />

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<strong>FIN</strong> <strong>505</strong> <strong>DeVry</strong> <strong>Week</strong> 6 <strong>Problem</strong> <strong>Set</strong><br />

<strong>FIN</strong><strong>505</strong><br />

<strong>FIN</strong> <strong>505</strong> <strong>DeVry</strong> <strong>Week</strong> 6 <strong>Problem</strong> <strong>Set</strong><br />

<strong>Week</strong> 6 <strong>Problem</strong> <strong>Set</strong><br />

Answer the following questions and solve the following problems in the space provided. When you are done, save the<br />

file in the format flastname_<strong>Week</strong>_6_<strong>Problem</strong>_<strong>Set</strong>.docx (where flastname is your first initial and your last name), and<br />

submit it to the appropriate Dropbox.<br />

Chapter 29 (pages 983-984):<br />

1. What inherent characteristic of corporations creates the need for a system of checks on manager behavior?<br />

2. What are some examples of agency problems?<br />

3. What are the advantages and disadvantages of the corporate organizational structure?<br />

4. What is the role of the board of directors in corporate governance?

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