Question 23 3.12 pts A proxy is: The right of common stockholders to protect their proportionate interests in a corporation by having the first opportunity to purchase additional shares of common stock issued by the corporation. O A contractual commitment by an investor to purchase unissued shares of stock. An amount of assets defined by state law that stockholders must invest and leave invested in a corporation A legal document that gives a designated agent of a stockholder the power to vote the stock. An arbitrary amount assigned to no-par stock by the corporation's board of directors