Which of the Following Is True of Proxies

question 53

Multiple Choice

Which of the following is true of proxies?

• A) Proxies are not permitted to be submitted electronically.
• B) Proxies are signed by a corporation and sent to shareholders.
• C) Directors or officers of a corporation cannot hold proxies.
• D) Corporations are permitted to solicit proxies from shareholders.

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Definitions:

Oldest-Old

Elderly adults (generally, those over age 85) who are dependent on others for almost everything, requiring supportive services such as nursing homes and hospital stays.

Infirm

Refers to a physical or mental weakness, often associated with aging or chronic illness, leading to reduced mobility or diminished health.

Cognitively Impaired

A term referring to individuals who have significant limitations in intellectual functioning and in adaptive behavior, which covers many everyday social and practical skills.

Integrity Versus Despair

The final stage of Erik Erikson’s developmental sequence, in which older adults seek to integrate their unique experiences with their vision of community.