Examlex
In modern democracies, the process of having people select leaders to make policy decisions on their behalf is known as __________.
Proxy Voting
The process by which a shareholder delegates their voting power to a representative, allowing them to vote at corporate meetings in their absence.
Cumulative Voting
A voting system that allows shareholders to concentrate their vote on one candidate rather than distributing their votes among multiple candidates.
Shareholder Proposal
A formal recommendation or requirement that is submitted to the shareholders for a vote at a company's annual meeting.
Negligent Conduct
Behavior that falls below the standards of care established by law for the protection of others against unreasonable risk of harm.
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