Staggered Elections

question 24

Multiple Choice

Staggered elections

• A)allow a portion of the board members to be elected on a permanent basis.
• B)increase the difficulties incurred when trying to replace the board of directors.
• C)are set forth in supermajority amendments.
• D)can be altered on a one-time basis to open all seats on the board to a simultaneous vote if shareholders approve a standstill agreement.
• E)increase the probability that a firm will be acquired by a stronger competitor.

---

Definitions:

Regulator Gene

A gene involved in controlling the expression of one or more other genes, often by producing a protein that can enhance or suppress gene activity.

Transcription

The process of converting DNA into RNA, specifically messenger RNA (mRNA), which then directs protein synthesis.

Repressor Molecule

A protein that inhibits gene expression by binding to the operator or associated silencers.

Operator

In genetics, a segment of DNA to which a repressor protein binds, controlling the transcription of nearby genes.