Maureen,a Shareholder of Metra,Inc

question 25

Multiple Choice

Maureen,a shareholder of Metra,Inc.,is unhappy with how the corporation was being managed.Maureen wants to be a member of Metra's board of directors.Which statement is correct?

• A) If Maureen owns at least 1 percent or $2,000 of Metra's stock, she can require the company to include her name as a candidate for the board of directors in its proxy statement.
• B) If Maureen has a proper purpose, she can require the company to include her name as a candidate for the board of directors in its proxy statement.
• C) If Maureen can show cause, she can require the company to include her name as a candidate for the board of directors in its proxy statement.
• D) Maureen cannot require that the company put her name in the proxy statement, but she can prepare and distribute her own proxy.

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