Which of the Following Statements Is FALSE

question 4

Multiple Choice

Which of the following statements is FALSE?

• A)If managers have large ownership stakes,then shareholders are more likely to use compensation policies or a stronger board to create the desired incentives.
• B)If all else fails,the shareholders' last line of defense against expropriation by self-interested managers is direct action.
• C)A shareholder resolution could direct the board to take a specific action,such as discontinue investing in a particular line of business or country,or remove a poison pill.
• D)Any shareholder can submit a resolution that is put to a vote at the annual meeting.

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Definitions:

Eyeball

The spherical part of the eye that contains structures necessary for vision, including the iris, pupil, and retina.

Auricle

The outer projecting portion of the ear, also known as the pinna.

Diabetic Retinopathy

A diabetes complication affecting the eyes, characterized by damage to the blood vessels of the retina.

Pathology

The branch of medicine that studies the causes, nature, and effects of diseases.