The Principal-Agent Problem Can Be Described As

The principal-agent problem can be described as:

A) Managers will always try to pursue enough profits to keep stockholders satisfied.
B) The owner acts as the agent of the firm and the manager is the principal who controls the firm.
C) If shareholders cannot effectively monitor the managers' behavior, managers may be tempted to use the firm's assets for their own ends.
D) All of the above
E) None of the above.