The two most important agency problems are those between the owners of the firm and its management and_______________ Question 8Answer A. Poor motivation of agents B. Those between the managers, acting for shareholders, and the debtholder

The correct answer is: **B. Those between the managers, acting for shareholders, and the debtholders.** This choice identifies another key agency problem, which occurs when there is a conflict of interest between the managers of the company, who are acting on behalf of shareholders, and the debtholders, who have a vested interest in the financial stability and risk management of the firm.