In a Proxy Contest,what Obligation Does Management Have to the Dissenting

question 13

Multiple Choice

In a proxy contest,what obligation does management have to the dissenting group of shareholders?

• A) Management must mail the proxy solicitation materials of the dissenting group.
• B) Management must provide the dissenting group with a list of all shareholders.
• C) Management must identify the leading representative(s) of the dissenting group in management's own proxy materials.
• D) Management must either mail the proxy solicitation materials of the dissenting group or provide the dissenting group with a list of all shareholders.
• E) Management must not provide false or misleading information about the dissenting group or the issue in controversy in its own proxy solicitation materials,but otherwise has no obligations to the dissenting group.

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Definitions:

Maslow

Refers to Abraham Maslow, a psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.

Physiological Need

Basic physical requirements necessary for human survival, such as food, water, and sleep, which must be met to ensure health and well-being.

Unpredictability

The quality of being unable to be foreseen or declared in advance.

Stressful

Characterized by or causing mental, emotional, or physical strain or tension.