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Shareholder Proposals on the Company Proxy Statement

Question 24

Multiple Choice

Shareholder proposals on the company proxy statement:


A) must be stated in the form of a request or recommendation according to SEC rules.
B) may only be implemented by the company if they receive support from at least a simple majority of the shareholders.
C) are, in about half of the cases, withdrawn before a vote because the company decides to implement the proposal.
D) may address only corporate-governance issues, such as cumulative voting or executive compensation, but may not address the shareholder's political agenda, such as saving the environment.

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