Cleo Is Hired as the CEO of Wolfstarter Company, a Publicly

Cleo is hired as the CEO of Wolfstarter Company, a publicly owned corporation. After she is hired, she authorizes the purchase of a company limousine to chauffeur her around town, purchases a skybox at the stadium of the local NFL team, and provides herself with a company-paid membership at the local country club. This behavior could be an example of

A) adverse selection.
B) the free-rider problem.
C) the principal-agent problem.
D) undisclosed information.