Which of the Following Is True About Shareholder Proposals and Eligibility

question 32

Multiple Choice

Which of the following is true about shareholder proposals and eligibility of shareholders to get their proposals included by a corporation in its proxy statement?

• A)A shareholder must own at least 0.5 percent of the securities to be voted at the shareholders' meeting.
• B)An eligible shareholder may submit only one proposal per shareholder meeting.
• C)The shareholder proposal and its supporting statement may not exceed 1500 words.
• D)A shareholder must own at least $1,000 of the securities to be voted at the shareholders' meeting.

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Definitions:

Virtuous Behavior

Actions that conform to moral and ethical principles; these behaviors are often associated with goodness and integrity.

Morality

Guidelines that differentiate between what is considered ethically correct and incorrect or between positive and negative conduct.

Political Orientation

Refers to an individual's or group's predisposition towards specific political ideologies, beliefs, or parties.

Liberals

Individuals or groups who advocate for freedom of the individual, democratic principles, and often support progressive reforms in society.