A Proxy Is

question 21

Multiple Choice

A proxy is

• A)a device for circumventing regular voting procedures.
• B)a coupon attached to each share of stock and used by the shareholder in casting his vote on current issues.
• C)an authorization of a registered stockholder to another person to act in her place at the meeting.
• D)a warrant allowing a stockholder to purchase a specified number of additional shares at a given price.

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Definitions:

Title

Legal ownership of property, evidenced by a document or record.

Sale of Goods

A transaction between a buyer and a seller involving the exchange of tangible personal property for payment.

Gift

A voluntary transfer of property or funds from one person to another without expecting anything in return.

Written Confirmation

A documented acknowledgment that verifies and details the contents of a previous agreement or conversation.