A Written Authorisation Given by a Shareholder for Someone Else

question 50

Multiple Choice

A written authorisation given by a shareholder for someone else, usually the company's management, to cast his or her vote at a shareholders' meeting or at another time is known as a

• A) motion.
• B) point of order.
• C) quorum.
• D) proxy.

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Definitions:

Insurance

A contractual arrangement where an insurer agrees to compensate the insured for specified loss, damage, illness, or death in return for payment of a premium.

Freight Charges

Costs associated with transporting goods from one place to another.

Service Potential

Service potential refers to the capacity of an asset to provide goods or services that contribute to the future income of an organization.

Office Equipment

Tangible, long-term assets used in the operation of a business, such as computers, printers, and furniture, facilitating daily work tasks.