The document by which a shareholder grants another person the right to vote his or her shares at a shareholders' meeting is called a(n):

Question

Quizplus · Accepted Answer

The correct term for the document granting the right to vote someone else's shares is a proxy. A power of attorney is a legal document giving someone the authority to act on someone else's behalf, but it is more general in scope than a proxy. A voting trust is an agreement in which shareholders transfer their shares to a trustee who then exercises the voting rights for the shareholders. An election agency and voting authority are not commonly used terms in this context.

The Document by Which a Shareholder Grants Another Person the Right