Question
The following statements concerning representative voting were presented to you for evaluation: I. The representative acquires legal title to the shares. II. It is good
The following statements concerning representative voting were presented to you for evaluation:
I. The representative acquires legal title to the shares.
II. It is good only for the meeting for which it was intended.
III. It is generally revocable, and the stockholder may vote even in the presence of the representative.
IV. The agreement giving the representative the power to vote must be duly notarized and a copy thereof must be submitted to the Securities and Exchange Commission to be effective and enforceable.
Group of answer choices
I and III apply to voting trust agreement
I and IV apply to voting trust agreement
I and IV apply to proxy
I and III apply to proxy.
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