Which One of the Following Statements Is TRUE

question 9

Multiple Choice

Which one of the following statements is TRUE?

• A) A shareholder rights provision discourages takeovers because the acquiring company will suffer dilution.
• B) A company has an interlocking board of directors if the CEO also serves as the chairman of the board of directors.
• C) A company whose board members are elected in staggered terms is said to have an interlocking board of directors.
• D) Shareholders want to prevent takeovers because they don't want the company purchased out from under them.
• E) A classified board is one in which the board members serve anonymously.

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Definitions:

Quid Pro Quo

A Latin term used to describe a situation where something is given or received in exchange for something else, essentially a mutual exchange or a transaction of equal value.

Assertive

The quality of being self-assured and communicative while respecting the rights and beliefs of others.

Cognitive Restructuring

Technique of mentally converting negative aspects into positive ones by looking for the positive elements in a situation.

Drama

A genre of narrative fiction (or semi-fiction) intended to be more serious than humorous, focusing on in-depth development of realistic characters and emotional themes.