The Cowardly Lion is a majority owner of Dark Forest Transport Corporation. The owners hired the

Hungry Tiger as a corporate manager. The Hungry Tiger has an insatiable appetite for extracting

private benefits at the expense of the shareholders of the corporation. This situation is an example of

which of the following terms?

A$.$ Working Capital Management

B$.$ Corporate Breakdown

C$.$ Wizard Malfunction

D$.$ Agency Problem

E$.$ Unlimited Liability