Question: I know for #7 the answer is A and for #8 it is B but I chose C for 7 and 8. I need to
I know for #7 the answer is A and for #8 it is B but I chose C for 7 and 8. I need to tell professor why the answers I chose were incorrect can you help me by telling me why the answers I chose were wrong from a financial standpoint? Thank you!

7. actions by a financial manager creates an agency problem? Which one of the following A. agreeing to expand the company at the expense of stockhold value equity B. current costs in order to increase the market value of the stockholders' agreeing to pay bonuses based on the market value of the company stock D refusing to borrow money when doing so will create losses for the firm E. refusing to lower selling prices if doing so will reduce the net profits 8. The primary goal of financial management is to: A. maintain steady growth in both sales and net earnings. maximize the current value per share of the existing stock. (C, maximize current dividends per share of the existing stock np. minimize operational costs and maximize firm efficiency. E avoid financial distress
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