Which of the following is true about shareholder proposals and eligibility of shareholders to get their proposals included by a corporation in its proxy statement?

Question

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Under SEC Rule 14a-8,the corporation must include a shareholder's proposal in its proxy statement if,among other things,the shareholder owns at least 1 percent or $2,000 of the securities to be voted at the shareholders' meeting.A shareholder may submit only one proposal per meeting.The proposal and its supporting statement may not exceed 500 words.

Which of the Following Is True About Shareholder Proposals and Eligibility