Which One of the Following Statements Is TRUE

Which one of the following statements is TRUE?

A) if a company has a classified board, fewer board seats are filled each year.
B) one tool of corporate governance is choosing a good investment banker.
C) a classified board is one in which the board members serve anonymously.
D) a classified board is one in which an announcement requesting applications for board members appears in the newspaper.
E) in a classified board, it is easier for dissidents to gain representation since fewer seats are up for election each year.

Correct Answer:

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