If Earnings Are Poor and Stockholders Are Dissatisfied, an Outside

question 75

Multiple Choice

If earnings are poor and stockholders are dissatisfied, an outside group might solicit the proxies in an effort to overthrow management and take control of the business, this is known as:

• A) Poor Proxy
• B) Proxy fight
• C) Scrap proxy
• D) stand-up fight Proxy

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Definitions:

Federal Laws

Laws passed by the national government of a country that are applicable to all jurisdictions within the country.

Employment Discrimination

Unfair treatment of employees or job applicants based on race, color, religion, sex, national origin, age, disability, or genetic information.

Cloud Backup Service

A remote, online service that provides users with a system for the backup, storage, and recovery of computer files over the internet.

Adequate Security

Measures or assurance provided to protect an interest, particularly in financial transactions, that are considered sufficient to mitigate risk.