Final answer:
The advisor contract is initially set for a specific duration and subject to a shareholder vote. The correct duration in this case is B.3 years.
Step-by-step explanation:
The subject of the question is Business.
An advisor contract is set for a certain duration initially, and then subject to a shareholder vote periodically.
The options given in the question are A. 1 year, B. 3 years, C. 5 years, and D. 7 years.
Therefore, the correct answer is B. 3 years since the contract is initially set for three years and then subject to a shareholder vote every three years.