PowerLight Corporation holds its annual meeting in April.Marie Stewart, who owns stock in the company, cannot attend the meeting.She can vote by a:
A)voluntary certificate.
B)preemptive right.
C)participatory certificate.
D)cumulative certificate.
E)proxy.

Question

Quizplus · Accepted Answer

Marie Stewart can vote by a proxy, which is a document that allows her to appoint someone else to vote on her behalf at the annual meeting. This is the most common and convenient way for shareholders to participate in voting if they cannot attend the meeting in person. The other options listed (voluntary, preemptive, participatory or cumulative certificate) do not involve voting rights or proxy appointment.

PowerLight Corporation Holds Its Annual Meeting in April