A ________ is usually made when a corporation solicits proxies from its stockholders.

Question

Quizplus · Accepted Answer

Shareholder resolutions are proposals made by shareholders to be voted on at a company's annual meeting. Proxies are the votes cast by shareholders who cannot attend the meeting in person and instead authorize someone else to vote on their behalf. Therefore, a corporation soliciting proxies from its stockholders would typically be in reference to a shareholder resolution. Codicil is a legal document that amends a will. Greenmail and poison pill are both tactics used to prevent hostile takeovers, unrelated to proxy solicitation.

A ________ Is Usually Made When a Corporation Solicits Proxies