Lucy owns 10 shares of stock in Quamba,Inc.Lucy wishes to place a proposal in a company's proxy statement to be voted on at the shareholders' meeting.Pursuant to the SEC rules,before Lucy is allowed to place her proposal on the proxy statement she must
A) have owned continuously for one year at least one percent of the company and $2,000 or more of the stock.
B) have owned continuously for one year at least one percent of the company or $2,000 or more of the stock.
C) have the permission of the board of directors.
D) have been a stockholder for at least two years.
Correct Answer:
Verified
Q27: Veritas,Inc.is planning its annual shareholder meeting on
Q30: All of the following are shareholder rights
Q36: What is an inside director?
A)A shareholder charged
Q37: Under SEC rules,companies
A)can require electronic delivery of
Q37: The percentage of voters who must be
Q38: A corporation must obtain shareholder approval before
Q39: Luella just purchased 5 shares of common
Q41: Kris,a shareholder of E-Max,Inc.,claimed that the business
Q41: List and describe the various rules that
Q44: Vernon and David are the controlling shareholders
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents