Which One of the Following Statements Is TRUE

Multiple Choice

Which one of the following statements is TRUE?

A) An example of an agency relationship is when the board of directors hires a CEO to run a company.
B) An example of an agency relationship is when the CEO nominates a slate of candidates to be on the board of directors.
C) An example of an agency relationship is when a supervisor hires a forklift operator.
D) The supervisor-employee relation between a production line supervisor and a production line operator is an example of an agency relationship.
E) An agency cost is the wage required to pay someone who is hired to perform a service.