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Whichofthefollowingstatementsismostcorrect? a. Compensatingmanagerswith stockcan reducetheagency problem between stockholdersandmanagers. b. Restrictionsare includedincreditagreementsto protectbondholdersfromthe agencyproblemthatexistsbetweenbondholdersandstockholders. c. Thethreatofatakeovercanreducetheagencyproblembetween bondholders andstockholders. d. Statement aandbarecorrect. e. Allofthestatementsabovearecorrect.

Whichofthefollowingstatementsismostcorrect?

a. Compensatingmanagerswith stockcan reducetheagency problem between stockholdersandmanagers.

b. Restrictionsare includedincreditagreementsto protectbondholdersfromthe agencyproblemthatexistsbetweenbondholdersandstockholders.

c. Thethreatofatakeovercanreducetheagencyproblembetween bondholders andstockholders.

d. Statement aandbarecorrect.

e. Allofthestatementsabovearecorrect.

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