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The Purpose of a Proxy Is To

Question 72
Multiple Choice

The purpose of a proxy is to: A) allow a shareholder to transfer shares to another. B) allow a shareholder to place shares in trust. C) allow a shareholder to assign his or her right to vote. D) allow a shareholder to assign his or her dividends to another. E) initiate a tender offer.

Related questions
Q 73
In order for a proxy to become valid,the shareholder must: A) complete a written proxy statement, and file it with the Securities and Exchange Commission. B) complete a written proxy statement, file it with the Securities and Exchange Commission, and receive the appropriate approval from the SEC. C) complete a written proxy statement, and deliver it to the proxy holder. D) complete a written proxy statement, and deliver it to the corporation. E) reach agreement with the proxy holder, but no written statement is required.
Q 74
A shareholder's proxy can be granted to: A) other shareholders. B) officers. C) officers or directors. D) any shareholder who is also an officer or director. E) anyone.
Q 75
Solicitation of proxies is regulated under the: A) Securities Act of 1933. B) Securities Exchange Act of 1934. C) Williams Act. D) Proxy Solicitation Act of 1968. E) Uniform Commercial Code.
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