Which One of the Following Statements Is TRUE

Multiple Choice

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.