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Your friend Nathaniel owns a considerable amount of common stock in Microsoft, a computer software company. He wants to cast his votes on various issues at the annual stockholders' meeting in Seattle, but he does not have the time to travel a great distance to the meeting. Instead of attending the meeting, Nathaniel decides to register his votes byA. registered mail.B. preemptive right.C. proxy.D. power of attorney.E. preferred stock.

Respuesta :

Answer: Proxy (C)

Explanation:

Voting by proxy is a form of voting where a member of a decision making body delegates their voting power to a representative, so as to enable voting in their absence.

The representative can be another member of the body, or an external person. The person designated is referred to as a proxy while the person designating the indivisual who helps him or her vote is called a principal.