A 'Proxy' Is

question 17

Multiple Choice

A 'proxy' is:

• A)the minimum number of voting members required to attend a meeting for it to be constitutionally valid.
• B)the forum for a meeting of shareholders of a particular class.
• C)the exact number of voting members required to attend a meeting for it to be constitutionally valid.
• D)a representative of someone unable to attend a meeting personally and entitled to vote on their behalf.

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Definitions:

Legal Persons

Entities (such as individuals, companies, and organizations) that have legal rights and obligations, including the capacity to enter into contracts, sue, and be sued.

Federal And State Statutes

Laws enacted by the federal or state legislatures that govern various aspects of society and business.

Social Contract

A theory in political philosophy suggesting that individuals have consented, either explicitly or tacitly, to surrender some of their freedoms and submit to an authority in exchange for protection of their remaining rights.

John Locke

A 17th-century English philosopher known for his work on political philosophy and theory of knowledge.