If a Group Other Than Management Solicits the Authority to Vote

question 24

Multiple Choice

If a group other than management solicits the authority to vote shares to replace management,a _____ is said to occur.

• A) proxy fight
• B) stockholder derivative action
• C) tender offer
• D) vote of confidence
• E) None of these.

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Definitions:

Procedural Rules

Are the guidelines and regulations that dictate how the legal process and judicial proceedings should be carried out.

Motion to Dismiss

A pleading in which a defendant asserts that the plaintiff’s claim fails to state a cause of action (that is, has no basis in law) or that there are other grounds on which a suit should be dismissed.

Voir Dire

A French phrase meaning, literally, “to see, to speak” that refers to the jury-selection process. In voir dire, the attorneys question prospective jurors to determine whether they are biased or have any connection with a party to the action or with a prospective witness.

Request for Admission

A legal procedure in which one party asks another party to formally admit the truth of certain facts before trial.