Voting by Proxy Self-Quiz
Sheridan and Hank are shareholders
in Grant Corporation. Sheridan and Hank can be denied the right to vote
at a shareholder’s meeting if they:
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Tim will be out of town at
this year’s shareholders’ meeting. He wants to vote, but simply
will not be able to be there. Given this situation, Tim should:
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Tammy is issuing a proxy
to a group of shareholders sponsoring an action that she favors. However,
in sending her proxy material, the group failed to include a proxy statement
which she could use as a template. Given this situation, what is the likely
result?
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Justin recently purchased
all the shares Jill has in Big Co. However, the date on which Justin purchased
the shares, the company’s record date for the annual meeting had
already passed. As such, Justin had Jill provide him with an irrevocable
proxy in order for him to vote the shares. Such a proxy is:
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