A Proxy Card

question 22

Multiple Choice

A proxy card:

• A) is also called a proxy statement.
• B) is a form stockholders mark giving management the right to vote their shares as indicated.
• C) is an inventory of information sent to stockholders before annual votes on directors.
• D) contains rules of corporate governance to be adopted by corporations.

---

Definitions:

Home Rule

Home rule refers to the power granted to political subdivisions by the state to govern themselves with minimal state interference.

Unfunded Mandate

A regulation or policy imposed by a higher authority (such as the federal government) on lower government levels or the private sector, without providing corresponding funds for implementation.

Grant-in-Aid

Financial assistance given by one level of government to another, often from the federal government to state or local governments, for a specific purpose.

Preemption

A doctrine in law where higher authority laws take precedence over laws created by lower levels of government.