If Shareholders Agree to Vote in a Specified Manner for the Election

question 27

Multiple Choice

If shareholders agree to vote in a specified manner for the election or removal of directors,this is known as:

• A) a proxy.
• B) cumulative voting.
• C) a voting trust.
• D) a shareholder voting agreement.

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Definitions:

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The act of inhaling and exhaling the smoke of burning substances or materials, typically referencing tobacco consumption in cigarettes.

Middle Class

A social group between the upper and working classes, including professionals and business people, characterized by moderate income and standard of living.

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A medical condition characterized by the weakening of bones, making them fragile and more likely to break.

Marathon

A long-distance running race with an official distance of 42.195 kilometers (approximately 26.219 miles), usually run as a road race.