A Proxy Is

question 63

Multiple Choice

A proxy is:

• A)A legal document that gives a designated agent of a stockholder the power to vote the stock.
• B)A contractual commitment by an investor to purchase unissued shares of stock.
• C)An amount of assets defined by state law that stockholders must invest and leave invested in a corporation.
• D)The right of common stockholders to protect their proportionate interests in a corporation by having the first opportunity to purchase additional shares of common stock issued by the corporation.
• E)An arbitrary amount assigned to no-par stock by the corporation's board of directors.

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Definitions:

Job Evaluation

A systematic process used to ascertain the relative worth of jobs within an organization to establish a fair and equitable pay structure.

Total Value

The combined worth of all the components of an asset or company, often considered in financial terms.

Compensation Policies

Guidelines and practices established by an organization to determine how employees are compensated, including wages, salaries, benefits, and bonuses.

Internally Fair

Refers to practices and policies within an organization that are perceived by employees as just, equitable, and consistent across all members.