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Author Question: Suppose a plaintiff hires a lawyer to represent her in a court case. The lawyer will be paid a fixed ... (Read 375 times)

newyorker26

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on: Mar 14, 2021

Question 1

One problem with compensation systems is that
◦ sometimes a manager is rewarded for an objective other than maximizing profits.
◦ managers are often paid too much.
◦ owners sometimes want to pursue social objectives.
◦ the Dodd-Frank Act of 2010 requires shareholder votes on compensation that are non-binding.

Question 2

Suppose a plaintiff hires a lawyer to represent her in a court case. The lawyer will be paid a fixed fee. Under this contract,
◦ efficiency is achieved.
◦ the client bears all of the risk.
◦ the lawyer has an incentive to lie about his hours worked.
◦ All of these.
Managerial Economics and Strategy ¦ Perloff, Brander ¦ 3rd Edition
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Marked as best answer by newyorker26 on Mar 14, 2021

abctaiwan

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Reply #1 on: Mar 14, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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newyorker26

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Reply 2 on: Mar 14, 2021
Great answer, keep it coming :)

triiciiaa

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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