Which one of the following statements is TRUE?

Group of answer choices

A classified board is one in which an announcement requesting applications for board members appears in the newspaper.

A classified board is one in which the board members serve anonymously.

If a company has a classified board, fewer board seats are filled each year.

One tool of corporate governance is choosing a good investment banker.

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