On which of the following issues can common stockholders of a corporation vote, but it is nonbinding on the corporation?

Question

On which of the following issues can common stockholders of a corporation vote, but it is non­binding on the corporation?

Quizplus · Accepted Answer

Common stockholders can vote on executive compensation policies, but their vote is non-binding, meaning that the corporation is not required to follow their decision. The selection of members to the board of directors (A), approval of a merger (B), and changes to the corporation's bylaws (D) are all binding votes that have legal implications for the corporation.

On Which of the Following Issues Can Common Stockholders of a Corporation