Which One of the Following Statements Is TRUE

Multiple Choice

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.