10Many consulting firms consist of partners who share profits. On being made a ​partner, a consultant is required to post a​ bond that will be forfeited in the event of bad performance. This...

10 Many consulting firms consist of partners who share profits. On being made a ​partner, a consultant is required to post a​ bond that will be forfeited in the event of bad performance. This arrangement would reduce moral hazard​ because it [Select the correct option] ["prevents partners from shirking.", "attracts more customers.", "signals a partner’s ability.", "eliminates partner’s monitoring."]

Jun 05, 2022
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