Maureen,a Shareholder of Metra,Inc

question 23

Multiple Choice

Maureen,a shareholder of Metra,Inc.,is unhappy with how the corporation was being managed.Maureen wants the company to sell off its unproductive divisions.Which statement is correct?

• A)If Maureen owns at least 1 percent or $2,000 of Metra's stock, she can require the company to include her proposal in its proxy statement.
• B)If Maureen has a proper purpose, she can require the company to include her proposal in its proxy statement.
• C)If Maureen can show cause, she can require the company to automatically sell off its unproductive divisions.
• D)Maureen cannot require that the company put her proposal to sell off unproductive divisions on its proxy statement.

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Definitions:

Business Relationships

Bonds or connections between businesses and their stakeholders, including customers, suppliers, and partners.

Negative Phrasing

The use of words or expressions that convey a negative connotation, often used to dissuade or deter.

Positive Statement

An assertion or claim that reflects an objective observation about the world, which can be tested or verified.

Direct Approach

A straightforward method of communication or problem-solving that involves addressing issues without evasion or complication.