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Which one of the following statements is TRUE? a. A company whose board members are elected in staggered terms is said to have an interlocking

image text in transcribed Which one of the following statements is TRUE? a. A company whose board members are elected in staggered terms is said to have an interlocking board of directors. b. A shareholder rights provision discourages takeovers because the acquiring company will suffer dilution. c. Shareholders want to prevent takeovers because they don't want the company purchased out from under them. d. A classified board is one in which the board members serve anonymously. e. A company has an interlocking board of directors if the CEO also serves as the chairman of the board of directors

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