Week 7 QuizChapter 251.What is an ultra vires act?
View full document
2.A shareholder will not be at the annual meeting.May thatshareholder vote?If so, how?
View full document
the shares however they wish.“Modern proxy voting allows shareholders tovote electronically through the Internet, such as at. Unless specified otherwise, a proxy is good for11 months from the time the company receives it, and only the last proxy onfile can be used. Shareholders can also use voting trust, but they are morecomplicated and require the shareholder to give up rights to their shares,signing them over to a trust. Shareholder trusts are not something to betaken lightly. They are generally long-term commitments and not used for asituation where the shareholder will be missing one or two annual meetings
Want to read all 6 pages?
Previewing 3 of 6 pages Upload your study docs or become a member.
Want to read all 6 pages?
Previewing 3 of 6 pages Upload your study docs or become a member.
End of preview
Want to read all 6 pages? Upload your study docs or become a member.