The Age at Which One Is Considered 'Old,' Which Is

question 1

Multiple Choice

The age at which one is considered 'old,' which is now 65,is based upon

• A)clear biological changes that begin at about that age.
• B)social policy.
• C)the age at which individuals begin to refer to themselves as old.
• D)a scientific standard.

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Definitions:

Voting Trust

An agreement among shareholders to transfer their voting rights to a trustee.

Cumulative Voting

A system of voting for corporate directors that is designed to benefit minority shareholders by allowing shareholders to multiply their voting shares by the number of directors to be elected.

Cumulative Voting

A voting system used in corporate elections that allows shareholders to concentrate their votes on a single candidate rather than distributing them among multiple candidates.

Proxy Voting

The process by which shareholders vote on company matters through a representative rather than in person.