The shareholders that are eligible to vote for the board of directors of a company are:
A) all preference shareholders.
B) all shareholders who attend the annual general meeting.
C) all shareholders holding voting shares.
D) all shareholders holding more than 1000 shares.

Question

Quizplus · Accepted Answer

Only shareholders holding voting shares have the right to vote for the board of directors. Preference shareholders do not have voting rights and attendance at the annual general meeting does not guarantee the right to vote. The number of shares held does not determine voting eligibility.

The Shareholders That Are Eligible to Vote for the Board