________ means that managers or owners of a company know more about the future performance of the company than potential outside lenders.
A)Symmetric information
B)External financing
C)Asymmetric information
D)Two-sided information

Question

Quizplus · Accepted Answer

Asymmetric information refers to a situation where one party has more information than the other party in a transaction. In this case, managers or owners of a company have access to more information about the future performance of the company than potential outside lenders, creating an information imbalance.

________ Means That Managers or Owners of a Company Know