A written authorization given by a shareholder to someone else to represent him or her and to vote his or her shares at the stockholders' meeting is called a coupon. a proxy. an indenture. none of these.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 8Q: When corporations issue stock in exchange for professional services, what account(s) should be...
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A written authorization given by a shareholder to someone else to represent him
or her and to vote his or her shares at the stockholders' meeting is called
a coupon.
a proxy.
an indenture.
none of these.
Transcribed Image Text:A written authorization given by a shareholder to someone else to represent him or her and to vote his or her shares at the stockholders' meeting is called a coupon. a proxy. an indenture. none of these.
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