Le cornusier hope this helpsssss
Answer:
Massachusetts Bay Colony practiced Puritan where the life of the colonist dominated by the church and its beliefs. The communities in the colony united with each other and lived in harmony. Liabilities: The religious leader holds powers in Massachusetts Bay Colony with the right to judge the people and sometimes led in punish the righteous.
Pennsylvania founded by William Penn, in 1681 and became the colony to encourage others to practice religion with no restrictions and persecution. By inviting the Europeans from different places, led the colony to increase wealth. Liabilities: Heresy allowed to grow alongside virtue in Pennsylvania. Religion was a matter of personal opinion.
The correct answer is an institution helping to rectify a principal-agent problem
Principal-agent problem addresses the difficulties that can arise in conditions of asymmetric and incomplete information, when a principal hires an agent, such as the problem of potential conflict of interest and moral hazard, as the principal is presumably hiring the agent to pursue the principal's interests.
Various mechanisms can be used to try to align the interests of the agent with those of the principal, such as part payments, commissions, profit sharing, performance measurement (including financial statements), establishing an agent liaison or fear of dismissal.
Edward Chamberlin defined the market structure <span>monopolistic competition, which describes a market with </span><span><span>imperfect competition characterzied with many producers who sell products that are differentiated from one another and hence are not perfect substitutes</span>.</span>
<span>The following industries operates under a market structure of monopolistic competition</span>: clothing industry and soft drink industry.
