The purpose of a proxy is to Allow a shareholder to transfer shares to another Allow a shareholder to place shares in trust Allow a shareholder to assign her right to vote to another Allow a shareholder to assign her dividend to another Question 30 What is a tender offer? An offer made directly to the shareholders of a corporation for those shareholders=shares An offer made directly to the board of directors of the corporation to be acquired An offer made by the use of proxies granted by the shareholders of the corporation to be acquired An offer to acquire another corporation that has been approved by the Securities & Exchange Commission prior to the making of the offer