Which of the following is true concerning an institutional investor that owns a significant portion of a company's stock?

I. They have influence over the company's business direction and decisions II. They have a responsibility to see that the company is managed in an ethical way III. They can vote large blocks of stock for the election of the company's board members

Select one:

A.

I only

B.

I and II only

C.

I and III only

D.

I, II, and III