If shareholders agree in writing to vote in a specified manner for election or removal of directors, this is known as:
A) a proxy.
B) cumulative voting.
C) a voting trust.
D) a shareholder voting agreement.

Question

Quizplus · Accepted Answer

A shareholder voting agreement is an arrangement where shareholders agree in writing on how they will vote their shares, particularly concerning the election or removal of directors. This allows shareholders to consolidate their voting power and make collective decisions.

If Shareholders Agree in Writing to Vote in a Specified