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Which of the Following Best Describes a Proxy Contest

Question 80
Multiple Choice

Which of the following best describes a proxy contest? A) Opposing factions of shareholders seek different prices for their shares. B) Opposing factions of shareholders seek proxies, so they can vote other shareholders' shares on a matter. C) Members of the board of directors seek the support of other board members on a matter to be voted on by the board. D) Opposing factions of shareholders seek to influence board members to vote in a certain way on a matter before the board of directors. E) Opposing factions of shareholders seek to influence officers to disregard the board of directors.

Related questions
Q 81
In a proxy contest,what obligation does management have to the dissenting group of shareholders? A) Management must mail the proxy solicitation materials of the dissenting group. B) Management must provide the dissenting group with a list of all shareholders. C) Management must identify the leading representative(s) of the dissenting group in management's own proxy materials. D) Management must either mail the proxy solicitation materials of the dissenting group, or provide the dissenting group with a list of all shareholders. E) Management must not provide false or misleading information about the dissenting group or the issue in controversy in its own proxy solicitation materials, but otherwise has no obligation to the dissenting group.
Q 82
Under what circumstances can management recover from the corporation the costs it incurs in a proxy contest? A) under all circumstances B) in all proxy contests management wins C) in a proxy contest involving an issue of policy, even if management does not win the proxy contest D) in all proxy contests involving issues of policy, and in the case of contests concerning personal matters, if management wins E) in all proxy contests involving issues of policy that management wins, but never for contests involving personal issues
Q 83
Under what circumstances can a dissenting group of shareholders recover from the corporation the costs it incurs in a proxy contest? A) under all circumstances B) in all proxy contests the dissenting group wins C) in a proxy contest involving an issue of policy, even if the dissenting group does not win the proxy contest D) in all proxy contests involving issues of policy, and in the case of contests concerning personal matters, if the dissenting group wins E) in a proxy contest involving an issue of policy that the dissenting group wins, but never for a contest involving a personal issue
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