A Proxy Is

question 4

Multiple Choice

A proxy is:

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

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Definitions:

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World Wide Web Consortium

An international community that develops open standards to ensure the long-term growth of the Web.

Internet Engineering Task Force

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Internet Technologies

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