A shareholder can only submit a resolution to be considered by other shareholders if he or she has one percent or more of the total shares of the company.

Question

Quizplus · Accepted Answer

This is true. Shareholders who own at least one percent of the total shares of a company have the right to submit a resolution to be considered by other shareholders during a meeting. This is a way for shareholders to voice their opinions and concerns about the company's management or operations.

A Shareholder Can Only Submit a Resolution to Be Considered