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A Proxy Is Effective Until the Shareholder Revokes It

question 24

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A proxy is effective until the shareholder revokes it.


Definitions:

Representative

An individual who is elected or chosen to speak, act, or make decisions on behalf of a group.

Manual Labor

Work that requires physical effort as opposed to mental work.

Emotional Labor

The process of managing feelings and expressions to fulfill the emotional requirements of a job or role, often in the service industry.

Hierarchy

A system or organization in which people or groups are ranked one above the other according to status or authority.

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