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Question(s) / Instruction(s):

A proxy is:

a)            A legal document that gives a designated agent of a stockholder the power to vote the stock

b)            A contractual commitment by an investor to purchase unissued shares of stock

c)            An amount of assets defined by state law that stockholders must invest and leave invested in a corporation

d)            The right of common stockholders to protect their proportionate interests in a corporation by having the first opportunity to purchase additional shares of common stock issued by the corporation

e)            An arbitrary amount assigned to no-par stock by the corporation's board of directors

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