Your Friend Steve Owns a Considerable Amount of Common Stock

question 64

Multiple Choice

Your friend Steve owns a considerable amount of common stock in Microsoft, a computer software company. He wants to cast his votes on various issues at the annual stockholders' meeting in Seattle, but he does not have the time to travel a great distance to the meeting. Instead of attending the meeting, Steve decides to register his votes by

• A)registered mail.
• B)preemptive right.
• C)proxy.
• D)power of attorney.
• E)preferred stock.

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Definitions:

Copyright Owner

The individual or entity that legally holds the exclusive rights to use, reproduce, distribute, or perform a work, and to authorize others to do the same.

Defendant

The party against whom a lawsuit is filed in a court of law.

Injunction

A court order to stop some offensive conduct or to do something to remediate wrongful conduct or to not do something in the future.

Genetically Altered Mouse

A mouse whose genetic material has been modified using genetic engineering techniques, often used in medical and scientific research.