Which of the following is not true regarding the director independence rules of the New York Stock Exchange?
  A. A director is not independent if s/he is an officer of a company that is a significant customer of the corporation.
  B. A director is not independent if s/he received $120,000 in payments (not including compensation for serving on the board) from the corporation in a twelve month period in the last 3 years.
  C. A director is not independent if s/he was a former partner with the corporation’s external audit firm in the last 5 years.
  D. A director is not independent if s/he has been employed by the corporation in the last 5 years.
  Answer:A
  A is corrent. This is not a NYSE requirement.