Under Section 14, a Shareholder Proposal in the Proxy Materials

question 97

Multiple Choice

Under Section 14, a shareholder proposal in the proxy materials:

• A) is limited to 200 words.
• B) must be made by a shareholder who owns at least 5 percent of the outstanding shares of the corporation.
• C) need not be included if management objects.
• D) all of the above

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Definitions:

Scarce Resources

Resources that are limited in availability, meaning they cannot meet all the demands placed on them.

Consenting Individuals

Persons who have given permission for something, especially in a legal or formal context.

Ideal Conditions

Circumstances or situations that are considered perfect or optimal for a certain process or experiment to occur.

Efficiency

The extent to which a process or intervention produces a desired effect or outcome with a minimum amount of waste, expense, or unnecessary effort.