A situation in which an outside group solicit proxies to take control of business is classified as

A outside group
B solicit process
C proxy fight
D controlled management

Correct Answer: proxy fight

A situation in which an outside group solicit proxies to take control of business is classified as proxy fight. A proxy fight is the action of a group of shareholders joining forces, in a bid to gather enough shareholder proxies to win a corporate vote.
Bissoy MCQ
#Commerce #Financial Management

Related Questions

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