Which of the following statements is correct?

a. Conflicts can exist between stockholders and managers, but potential conflicts are reduced by the possibility of hostile takeovers.

b. Most business in the U.S. is conducted by corporations, and corporations popularity results primarily from their favorable tax treatment.

c.The good goal for a firms management is the maximization of expected net income.

d. corporation have an advantage over proprietorships because a sole proprietor is exposed to unlimited liability, but the liability of all investors in corporation is more limited

e. more than one correct