With respect to the voting rights of shareholders,a shareholder is entitled to vote:
A) only at annual shareholder meetings.
B) one vote for every two shares of stock owned.
C) only in person.
D) at annual and special shareholder meetings,ordinarily with one vote for each share owned.

Question

Quizplus · Accepted Answer

Shareholders are entitled to vote at both annual and special shareholder meetings, with one vote for each share owned. This allows shareholders to have a say in important decisions and elect board members. Shareholders can also vote by proxy if they are unable to attend the meeting in person. Option A is incorrect because shareholders can also vote at special meetings. Option B is incorrect because the number of votes per share varies depending on the company's bylaws. Option C is incorrect because shareholders can vote in person or by proxy.

With Respect to the Voting Rights of Shareholders,a Shareholder Is