Answered: A proxy is an authorization that…

Business

Finance

A proxy is an authorization that doesn’t allows one shareholder to vote on behalf of another shareholder. TRUE OR FALSE

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter10: Corporate Governance

Section: Chapter Questions

Problem 4Q

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A proxy is an authorization that doesn’t allows one shareholder to vote on behalf of another shareholder.

TRUE OR FALSE

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