Which One of the Following Statements Is TRUE

question 20

Multiple Choice

Which one of the following statements is TRUE?

• A) A classified board is one in which the board members have staggered terms.
• B) One tool of corporate governance is a company's tax avoidance strategy.
• C) One tool of corporate governance is choosing a good investment banker.
• D) A classified board is one in which the board members serve anonymously.
• E) A classified board is one in which an announcement requesting applications for board members appears in the newspaper.

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Definitions:

Transactions

the exchange of goods, services, or funds between two or more parties.

Maintain

To keep something in its existing state or condition, ensuring its preservation or continuation over time.

Company Policies

Rules and guidelines created by businesses to set expectations and govern employees' behavior.

Media Platform

Digital or traditional channels through which content is delivered and shared, such as social media, newspapers, or television.