Answer: See explanation
Explanation:
The agency problem refers to a situation when there's a conflict of interest between the management if s company and the stakeholders of the company. It occurs when agents rather than looking out for the best interest of theur principals look out for their own personal interest.
The agency problem can be mitigated through transparency and also by placing restrictions on what the agency is capable of doing. Compensation should also be linked based on how the agency performs.
The contract should be designed in such a way that it enhances the incentive of the agent to act in the principal's best interest. There should also be a way that agency's are monitored.
Answer:
The Rhetorical device used in the example is Pathos.
Explanation:
Rhetorical Device is simply a literary tool which helps us to understand the structure and writing style of any particular sentence.
‘The Glass Castle’ is a book by Jeannette Walls where she describes her own life story of poverty. The line, Years from now when all the junk they got is broken and long forgotten,’ Dad said, ‘you’ll still have your stars’ is an example of Pathos rhetorical device. The appeal of this device is based on emotion.
The line depicts how her father provides an justification for not having any Christmas present for his children. There’s a deeply felt emotion in this line. The helplessness of a father and a sadness of his kids.
