Which One of the Following Statements Is TRUE

Multiple Choice

Which one of the following statements is TRUE?

A) One tool of corporate governance is the threat of removing current management.
B) The commission required by the Federal Housing Agency for a small business loan is an example of an agency cost.
C) One tool of corporate governance is the choice of how much dividends to pay.
D) Corporate governance is when an officer of a corporation is elected to public office.
E) One tool of corporate governance is the location of the company headquarters.