If agents do not make an effort to find out what principals want to do, it follows that the agent/principal relationship cannot be the foundation of the agent's responsibility to maximize profits. True False Question 5 Which of the following is not an interpretation of Friedman's argument, according to Stone? Socially responsible outcomes are most likely via profit maximization. Corporations have collective moral responsibility. Agents promise principals that they will maximize profits. Agents have a fiduciary responsibility to maximize profits.

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