All of the Following Statements Are True of the Requirements

question 8

Multiple Choice

All of the following statements are true of the requirements of proxy statements EXCEPT:

• A) the proposal cannot exceed 1,000 words.
• B) a shareholder may submit only one proposal for a particular shareholder meeting.
• C) stockholders must own $2,000 or more shares for at least one year.
• D) a proposal should receive no less than 3 percent of vote to be presented at the next shareholder meeting.

---

Definitions:

Lateral Cycling

The process by which goods or services are reused or shared among individuals without entering the commercial market again, promoting sustainability.

Economic Downturn

A period of declining economic performance across a significant portion of the economy, often leading to decreases in spending, investment, and employment.

Lateral Cycling

The process of reusing, recycling, or repurposing products and materials in a way that they move among consumers or businesses, rather than being discarded.

Disposal Options

Refers to the various ways consumers can dispose of products after use, including recycling, donating, or throwing away.