What Is the Function of a Proxy Statement for a Shareholder

question 98

Multiple Choice

What is the function of a proxy statement for a shareholder?

• A) It gives them the right of a vote for each share they own.
• B) It gives them the right to transfer their share to another party.
• C) It gives them the entitlement to new shares when issued.
• D) It gives them the right to sell their shares at a premium.

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Definitions:

Equal Rights Amendment

Amendment to guarantee equal rights for women, introduced in 1923 butnot passed by Congress until 1972; it failed to be ratified by the states.

Phyllis Schlafly

A conservative American activist known for her opposition to the women's liberation movement and her successful campaign against the ratification of the Equal Rights Amendment.

Roe V. Wade

A landmark 1973 Supreme Court case in the United States that legalized abortion nationwide, establishing a woman's legal right to an abortion.

Federal Funding

Financial support provided by the federal government to states, organizations, or individuals for specific projects or purposes.