1. Which one of the following statements is TRUE?

   	a.	If a company has a classified board, fewer board seats are filled each year.
   	b.	A classified board is one in which the board members serve anonymously.
   	c.	In a classified board, it is easier for dissidents to gain representation since fewer seats are up for election each year.
   	d.	A classified board is one in which an announcement requesting applications for board members appears in the newspaper.
   	e.	One tool of corporate governance is choosing a good investment banker.