Which one of the following statements is TRUE?

a$)$ In a classified board, it is easier for dissidents to gain representation since fewer seats are up for election each year.

b$)$ The more members of a board of directors, the better its function.

c$)$ Since outside directors have no other connection with the firm, they are indebted to the CEO for putting them on the board.

d$)$ Inside directors are likely to side with the CEO since they are employees.

e$)$ Inside directors are more concerned with shareholders' interests since they are more closely concerned with firm operations.