Maureen,a Shareholder of Metra,Inc

question 7

Multiple Choice

Maureen,a shareholder of Metra,Inc. ,is unhappy with how the corporation is being managed.Maureen wants the company to sell off its unproductive divisions.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 proposal in its proxy statement.
• B)If Maureen has a proper purpose,she can require the company to include her proposal in its proxy statement.
• C)If Maureen can show cause,she can require the company to automatically sell off its unproductive divisions.
• D)Maureen cannot require that the company put her proposal to sell off unproductive divisions on its proxy statement.

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Definitions:

Leaf Scar

Marks on a stem left when the petiole of a leaf breaks during abscission.

Guttation

The exudation of drops of water from the pores of plants, occurring when soil moisture levels are high, and root pressure forces water up through the plant vascular system.

Root Pressure

A pressure within the roots of plants that pushes water upward through the plant, contributing to the movement of water and nutrients.

Vascular Cambium

A type of meristematic tissue in plants that produces vascular tissues, such as xylem and phloem, contributing to the secondary growth of stems and roots.