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Which of the Following Is Correct Concerning the SEC Regulations

Question 14

Multiple Choice

Which of the following is correct concerning the SEC regulations on shareholder resolutions?


A) The proposals cannot be used to seek to satisfy a personal grievance against the company.
B) The proposals cannot relate to the ordinary business operations of the corporation.
C) The proposals must relate to operations accounting for at least 5 percent of total assets, gross sales, or net earnings.
D) All the above are correct.

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