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Home Q & A Board Humanities Legal Studies
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Azzizi Azzizi
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7 years ago
Which of the following best defines the term proxy?
A) It is a document that entitles its owner to special preferences relating either to dividends or to the distribution of assets.
B) It is a document that entitles its owner to vote for a corporation's board of directors, receive dividends, and participate in the net assets upon liquidation of the corporation.
C) It is a document authorizing its holder to purchase a stated number of shares of stock at a stated price, usually for a stated period of time.
D) It is a document by which shareholders can transfer their rights to vote at a shareholders' meeting to a second party.
Textbook 
The Legal Environment of Business

The Legal Environment of Business


Edition: 7th
Authors:
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juliaOhjuliaOh
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7 years ago
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