Which if the following statements is FALSE?
A) A proxy is a person appointed to represent a shareholder at a meeting and vote their shares.
B) A proxy need not be a shareholder.
C) A form of proxy must be sent to each shareholder of a public corporation along with a management proxy circular in connection with each shareholders meeting.
D) Shareholders can participate in meetings without attending through a proxy.
E) A proxy is a way to transfer ownership of shares.
Correct Answer:
Verified
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