Which One of the Following Statements Is TRUE

Multiple Choice

Which one of the following statements is TRUE?

A) A targeted share repurchase is when the company purchases stock from one shareholder at a higher price than it offers to other shareholders.
B) An example of asset switching is an option to exchange one piece of real estate for another.
C) A shareholder-friendly charter will make it harder for a company to be acquired.
D) A targeted share repurchase can be used to encourage a hostile takeover.
E) Anti-takeover charter provisions are good for shareholders because they prevent a raider from stealing the company for a below-market price.