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A Shareholder Is Permitted to Submit a Resolution to Be

Question 16

Multiple Choice

A shareholder is permitted to submit a resolution to be considered by other shareholders only if he or she ________.


A) owns at least 1 percent of all shares of the company
B) owns at least $1,000 worth of shares of the company's stock
C) has served as a former member of the company's board of directors
D) has owned shares of the company of any amount for longer than five years

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