Which of the following statements about the corporate form of ownership is false? a. the shareholders are the owners of the firm and take the most risk among all stakeholders. b. the shareholders elect the directors of the corporation in hotly contested elections with court-enforcedlimits on campaign spending. c. the directors appoint the firm's management, and yet managers usually participate in nominating newcandidates for directors. d. separation of ownership from control can cause agency problems where managers actin their owninterests, rather than shareholders' interests.