IRS rules used to allocate income on export sales to a foreign sales corporation.
The analysis of principal-agent relationships, wherein one person, an agent, acts on behalf of
anther person, a principal.
A theory that the timing of loan payments should be tied to the timing of a borrower’s expected income.
Suppose there are two riskless assets offering rates of return r and r’, respectively. Assuming no transaction costs, one of the strongest statements...