A grant of authority allowing someone else to vote shares of equity that you own is called:
A)a power-of-share authorization.
B)a proxy.
C)a share authority grant (SAG).
D)a restricted conveyance.
E)None of the above.

Question

Quizplus · Accepted Answer

The grant of authority allowing someone else to vote shares of equity that you own is called a proxy. This is a common practice in corporate voting when shareholders cannot attend the meeting in person to vote on important matters. The person authorized to vote the shares is called a proxyholder.

A Grant of Authority Allowing Someone Else to Vote Shares