[Solved] Which one of the following actions by a financial manager creates an agency problem? A)refusing to borrow money when doing so will create losses for the firm B)refusing to lower selling prices if doing so will reduce the net profits C)agreeing to expand the company at the expense of stockholders' value D)agreeing to pay bonuses based on the book value of the company stock E)increasing current costs in order to increase the market value of the stockholders' equity Abused Animals: Animals that suffer harm or cruelty at the hands of humans, often sparking concern for animal rights and welfare. Financial Contribution: A monetary gift, donation, or investment made to support a cause, project, or organization. Ad Hominem: The fallacy of using a negative trait of a speaker as evidence that the speaker’s statement is false or the argument weak. Strip Club: An adult entertainment venue where strippers provide erotic dances and performances.