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Which of the following are required to qualify as a Statutory Independent Director under Michigan law: Group of answer choices a. Must be appointed by

Which of the following are required to qualify as a Statutory Independent Director under Michigan law: Group of answer choices a. Must be appointed by a select committee of the existing Board, rather than elected by shareholders. b. Must have at least 5 years of relevant experience in business, finance or legal matters. c. Must not have engaged in any transactions with the company over $10,000 during the 3 years prior to serving as an independent director. d. Only answers b. and c. are correct. e. Answers a., b. and c. are all correct.

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