A Proxy Is

question 44

Multiple Choice

A proxy is

• A)A legal document that gives an agent of a shareholder the power to exercise the voting rights of that shareholder's shares
• B)A contractual commitment by an investor to purchase unissued shares and become a shareholder
• C)An amount of assets defined by law that shareholders must invest and leave invested in a corporation
• D)The right of common shareholders to protect their proportionate interests in a corporation by having the first opportunity to purchase additional shares of common shares issued by the corporation
• E)An arbitrary value a corporation places on each of the corporation's shares

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Definitions:

Organization

A structured group of individuals working together towards common goals, often within a formal hierarchy.

Job Holders

Individuals currently employed in a particular position, contributing to the roles and functions of an organization.

Power

The ability or capacity of an individual or group to influence or control the actions, behaviors, or opinions of others.

Organization

A structured group of people collaborating to achieve common goals, characterized by established roles, rules, and systems.