Select the FALSE statement concerning shareholders' rights.

A$.$ The court will usually give deference to the board's managerial decision related to a rational business purpose and will not substitute its judgment for that of the board under the business judgment rule.

B$.$ Before filing a shareholder derivative suit, the shareholder must make a demand on board of directors; failure to make this demand is grounds for dismissing the shareholder derivative suit.

c$.$ If a shareholder owns stock as of the record date, that shareholder can vote at the upcoming shareholders meeting, even if this shareholder sold his shares before that meeting.

D$.$ Staggered elections maximize the ability of minority shareholders to elect someone to the board.

E$.$ Amending the Articles of Incorporation requires shareholders' consent.