Share an example not given in the textbook chapter 5 for "without the law of agency, corporations could not function at all" that proves this statement correct. And outline advantages and disadvantages of the various types of agency relationships.
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Budgets will include proposed fixed asset requirements and how these expenditures will be financed. Capital budgets are often adjusted annually (done every year) and should be part of a longer-term Capital Improvements Plan.
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Jun 14th, 2015
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