A proxy card is a form that allows stockholders to give management the right to vote their shares as indicated. It is not the same as a proxy statement, which is an inventory of information sent to stockholders before annual votes on directors. It also does not contain rules of corporate governance to be adopted by corporations.

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A Proxy Card

Question 29

Multiple Choice

A proxy card:

A) is also called a proxy statement.
B) is a form stockholders mark giving management the right to vote their shares as indicated.
C) is an inventory of information sent to stockholders before annual votes on directors.
D) contains rules of corporate governance to be adopted by corporations.

Correct Answer: