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Anne,a Shareholder of an Insurance Company,is Unable to Attend the Shareholders

Question 38

Multiple Choice

Anne,a shareholder of an insurance company,is unable to attend the shareholders' meeting held by the board of directors of the company.In order to make her vote count,she appoints Dexter,a friend,to attend the meeting and cast a vote in her name.This is an example of a ________.


A) liability
B) proxy
C) dividend
D) scienter

Correct Answer:

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