An Individual Who Has Been Authorized to Vote the Share

question 41

Multiple Choice

An individual who has been authorized to vote the share of another stockholder is said to be voting by: ______.

• A) trust.
• B) proxy.
• C) estoppel.
• D) agency.

---

Definitions:

Variable Costs

Costs that change in proportion to the level of activity or volume of goods produced in a business.

Fixed Costs

Costs that do not vary with the level of production or business activity, such as rent or salaries.

Profitability

A measure of the efficiency and effectiveness of a company in generating profits from its operations.

Mixed Costs

Expenses that have both fixed and variable components, meaning part of the cost varies with the level of output while part remains constant.