At Least Once Every Three Years,companies Must Take a Nonbinding

question 15

Multiple Choice

At least once every three years,companies must take a nonbinding shareholder vote on the compensation of the five highest-paid executives.This is referred to as

• A)clawback pay action.
• B)voting out the directors.
• C)activist investing.
• D)say-on-pay.

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Definitions:

Draft Riots

Refers to the violent disturbances in New York City in 1863, largely in protest against the draft for the Civil War, highlighting class and racial tensions.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.

Servicemen

Members of the armed forces who are serving their country, including personnel from the army, navy, air force, and other military branches.

Black Recruits

African American individuals who were enlisted into military service, often highlighting their participation in conflicts such as the Civil War and World Wars despite facing discrimination.