Which one of the following grants an individual the right to vote on behalf of a shareholder?
A)proxy
B)by-laws
C)indenture agreement
D)stock option
E)stock audit

Question

Quizplus · Accepted Answer

A proxy is a power of attorney given by a shareholder to another individual, known as the proxy holder, to vote on their behalf at a shareholder meeting. This grants the proxy holder the right to vote in accordance with the shareholder's instructions, and enables the shareholder to participate in the decision-making process even if they are unable to attend the meeting in person.

Which One of the Following Grants an Individual the Right