The Conflict in a Principal-Agent Relationship Arises When

The conflict in a principal-agent relationship arises when

A) the company has more outside directors than inside directors.
B) the strategy adopted by the company's agents tries to emulate the mission statement created by the principals.
C) stockholders and agents are involved in the day-to-day operations of the company.
D) the goals of the principals and agents are not aligned with each other.