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All of the Following Statements Are True of the Requirements

Question 31

Multiple Choice

All of the following statements are true of the requirements of proxy statements EXCEPT:


A) the proposal cannot exceed 1,000 words.
B) a shareholder may submit only one proposal for a particular shareholder meeting.
C) stockholders must own $2,000 or more shares for at least one year.
D) a proposal should receive no less than 3 percent of vote to be presented at the next shareholder meeting.

Correct Answer:

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