What Is the Consequence of Holding a Special Shareholders' Meeting

question 31

Multiple Choice

What is the consequence of holding a special shareholders' meeting after giving proper notice to some,but not all,shareholders?

• A) All actions taken at the meeting are effective, unless one of the shareholders who did not receive notice objects.
• B) Any actions that received enough overall shareholder support that they would have been approved even if the shareholders not receiving notice had attended and voted against them are effective, and all other actions are not effective.
• C) The action can be made effective only through ratification by the board of directors.
• D) All actions taken at the meeting are not effective.
• E) All actions taken at the meeting are valid, unless a special meeting was involved, in which case all actions taken are invalid.

---

Definitions:

Whiteness

A concept generally used to describe the social advantages that come with being perceived as white in a society.

Political Equality

A principle that emphasizes equal rights and opportunities in participating in political activities and decision-making processes for all citizens.

Right To Vote

The legal right granted to eligible citizens to participate in the election process and select their representatives and leaders.

Concept Of Liberty

The philosophical and political principle that emphasizes the freedom of individuals from coercion or constraints by others or the government.