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    Intermediate Financial Management Study Set 2
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    Exam 5: Basic Stock Valuation
  5. Question
    A Proxy Is a Document Giving One Party the Authority
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A Proxy Is a Document Giving One Party the Authority

Question 37

Question 37

True/False

A proxy is a document giving one party the authority to act for another party, typically the power to vote shares of common stock. A proxy can be an important tool relating to control of the firm.

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