Which One of the Following Statements Is TRUE

Which one of the following statements is TRUE?

A) a classified board is one in which the board members have staggered terms.
B) one tool of corporate governance is a company's tax avoidance strategy.
C) one tool of corporate governance is choosing a good investment banker.
D) a classified board is one in which the board members serve anonymously.
E) a classified board is one in which an announcement requesting applications for board members appears in the newspaper.

Correct Answer:

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