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4. Which one of the following statements is TRUE? a. One tool of corporate governance is how the company's charter affects the likelihood of a

4. Which one of the following statements is TRUE? a. One tool of corporate governance is how the company's charter affects the likelihood of a takeover. b. One tool of corporate governance is stock repurchases. c. One tool of corporate governance is a company's tax avoidance strategy. d. One tool of corporate governance is choosing a good investment banker. e. Creditors have a claim on a firm's earning stream through the dividend payments they receive.

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