Which of the following statements is NOT correct? (Please explain why answer E is correct)

a)corporate governance is the set of rules that control a company's behavior towards its directors, managers, employees, shareholders, creditors, customers, competitors, and community

b) agency problem is that managers may act in their own interests and not on behalf of stockholders.

c) Corporate governance is the set of rules that control a company's behavior towards its directors, managers, employees, shareholders, creditors, customers, competitors, and community.

d) corporate governance can help control agency problems

e) agency problems can be perfectly and permanently solved with corporate governance.