Question

Which of the following is true about shareholder proposals and eligibility of shareholders to get their proposals included by a corporation in its proxy statement?

A. A shareholder must own at least 0.5 percent of the securities to be voted at the shareholders' meeting.

B. An eligible shareholder may submit only one proposal per shareholder meeting.

C. The shareholder proposal and its supporting statement may not exceed 1500 words.

D. A shareholder must own at least $1,000 of the securities to be voted at the shareholders' meeting.

Answer

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