Which of the following statements is true of agency problems?

One method of controlling agency problems is to engage in the taking of "poison pills."

Shareholders can solve agency problems by selling their stock to other investors.

Agency problems probably would not exist if the important decisions of a firm were made by persons who have no vested

interests, such as ownership, in the firm.

One of the best means to control agency problems is to require the managers and other important decision$-$makers of the

firm to also be owners of the firm.

Regardless of economic conditions, if a firm's stock price falls during the year, this indicates that the firm's managers

must not be acting in the best interests of the shareholders.