Vidyalelo
Management · Q837

Financial Management

Graduate and Post Graduate · Management · question 837

Q837

Process in which stockholders transfer right to vote to any other person is classified as

A.
proxy
Answer
B.
transfer process
C.
voting process
D.
assigning right process

Answer: Option A

Solution

Answer: Option A
Solution:
Process in which stockholders transfer right to vote to any other person is classified as proxy. A proxy is an agent legally authorized to act on behalf of another party or a format that allows an investor to vote without being physically present at the meeting.