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:

Transducin

A protein involved in the phototransduction pathway, playing a key role in converting light signals into electrical signals in the retina.

Opsin

A light-sensitive protein found in photoreceptor cells of the retina that plays a crucial role in the biochemistry of vision.

Ciliary Muscles

A ring of smooth muscle fibers in the eye that changes the shape of the lens to focus on near or distant objects.

Lens

A transparent structure in the eye that focuses light rays onto the retina, enabling vision.