What Was the Original Purpose of Staggered Terms

question 79

Multiple Choice

What was the original purpose of staggered terms?

• A)To permit continuity of management.
• B)To help insurgent shareholders transform the management of the corporation.
• C)To help minority shareholders exercise cumulative voting power.
• D)To make it easier for the corporation to remove existing directors.

---

Definitions:

Government Agency

An organization within the government responsible for the administration of specific functions or the enforcement of laws.

Second Amendment

A part of the U.S. Bill of Rights that protects the right of individuals to keep and bear arms.

District of Columbia

The capital city of the United States, Washington D.C., which is not part of any state and has a unique legal and administrative status.

Self-defense

The right to use reasonable force to protect oneself or others from physical harm.