Owners of the firm.
A) Investors
B) Principals
C) Agents
D) Operators

Question

Quizplus · Accepted Answer

Principals are the owners of the firm, who are responsible for making decisions and bearing the risks associated with the business. Investors provide the necessary funds for the firm, but they do not have an active role in managing the day-to-day operations. Agents are individuals who act on behalf of the owners or principals, such as managers or employees. Operators are individuals who manage and run the business, but they may not necessarily be the owners or principals.

Owners of the Firm