Which of the Following Is Not a Possible Consequence of Including

question 87

Multiple Choice

Which of the following is not a possible consequence of including fraudulent information in a proxy solicitation?

• A) a criminal action initiated by the justice department
• B) fines imposed on shareholders who granted proxies
• C) a civil action by the Securities and Exchange Commission
• D) an order requiring a new election on the matter for which proxies were sought
• E) a suit by an injured shareholder for damages from the wrongdoer

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Definitions:

Empowerment

The practice of giving employees more responsibility and authority to make decisions and control over their work.

Sharing Power

The distribution of authority and decision-making responsibilities among individuals or groups within an organization.

Iron Law

Refers to the principle of "iron law of oligarchy," which posits that all forms of organization, regardless of how democratic they are at the start, will eventually and inevitably develop oligarchic tendencies.

Responsibility

The state or fact of having a duty to deal with something or of having control over someone.