A proxy statement gives the shareholder the right
A) of one vote for each share owned.
B) to give up their vote to another party.
C) to maintain their proportionate ownership in the corporation when new common stock is issued.
D) to sell their share of stock at a premium.

Question

Quizplus · Accepted Answer

A proxy statement allows shareholders to authorize another party to vote on their behalf at shareholder meetings.

A Proxy Statement Gives the Shareholder the Right