Your friend Nathaniel owns a considerable amount of common stock in Microsoft,a computer software company.He wants to cast his votes on various issues at the annual stockholders' meeting in Seattle,but he does not have the time to travel a great distance to the meeting.Instead of attending the meeting,Nathaniel decides to register his votes by
A) registered mail.
B) preemptive right.
C) proxy.
D) power of attorney.
E) preferred stock.

Question

Quizplus · Accepted Answer

Nathaniel can register his votes through a proxy, which is a written authorization that allows another person to vote on his behalf at the shareholders' meeting. This option allows him to participate in the decision-making process without physically being present at the meeting. The other options (A, B, D, and E) are not applicable in this scenario.

Your Friend Nathaniel Owns a Considerable Amount of Common Stock