Which One of the Following Statements Is TRUE

question 14

Multiple Choice

Which one of the following statements is TRUE?

• A) It is harder for dissidents to gain board seats if a company's board is classified.
• B) A classified board is one in which an announcement requesting applications for board members appears in the newspaper.
• C) In a classified board, it is easier for dissidents to gain representation since fewer seats are up for election each year.
• D) Inside directors are more concerned with shareholders' interests since they are more closely concerned with firm operations.
• E) Management is said to be entrenched when the senior managers are consuming excessive perquisites.

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Definitions:

Key Logging

The practice of recording the keys struck on a keyboard, typically in a covert manner, so that the person using the keyboard is unaware that their actions are being monitored.

Hard-To-Guess Passwords

are secure, complex passwords that are difficult for others to predict, enhancing protection against unauthorized access.

Internet Gambling

Engaging in the act of betting or placing stakes on games of chance via the internet.

Tax Revenue

The income that is gained by governments through taxation, which is used to fund public services and government obligations.