Maureen,a shareholder of Metra,Inc.,is unhappy with how the corporation was being managed.Maureen wants the company to sell off its unproductive divisions.Which statement is correct?
A)If Maureen owns at least 1 percent or $2,000 of Metra's stock, she can require the company to include her proposal in its proxy statement.
B)If Maureen has a proper purpose, she can require the company to include her proposal in its proxy statement.
C)If Maureen can show cause, she can require the company to automatically sell off its unproductive divisions.
D)Maureen cannot require that the company put her proposal to sell off unproductive divisions on its proxy statement.

Question

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The Answer of Maureen,a shareholder of Metra,Inc.,is unhappy with how the corporation was being managed.Maureen wants the company to sell off its unproductive divisions.Which statement is correct?
A)If Maureen owns at least 1 percent or $2,000 of Metra's stock, she can require the company to include her proposal in its proxy statement.
B)If Maureen has a proper purpose, she can require the company to include her proposal in its proxy statement.
C)If Maureen can show cause, she can require the company to automatically sell off its unproductive divisions.
D)Maureen cannot require that the company put her proposal to sell off unproductive divisions on its proxy statement.

Maureen,a Shareholder of Metra,Inc