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SOFE SOFA-CFE Exam - Topic 5 Question 108 Discussion

Posted by Katheryn on Mar 07, 2025 at 11:31 AM

___________is a devise whereby a stockholder authorizes another person or group of persons to act for him at a meeting of stockholders.

Suggested Answer: A

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33 comments · newest first
LE
Leonora 10 months ago
Yeah, proxies are super common in shareholder meetings.
GE
German 10 months ago
Totally agree, it's all about proxies in meetings.
MA
Margart 10 months ago
It's definitely a proxy!
MA
Martin 10 months ago
I thought it was something more complicated.
AH
Ahmed 10 months ago
Wait, is it really that simple?
VI
Viola 11 months ago
I think "Proxy" is the right term. We had a similar question in our last mock exam that dealt with stockholder authorizations.
MI
Micaela 11 months ago
I'm torn between "Proxy" and "Preliminary statement." I feel like both could fit, but I think "Proxy" is more common.
LA
Lachelle 11 months ago
I remember practicing a question about stockholder meetings, and "Proxy" was definitely mentioned there.
KA
Kara 11 months ago
I think the answer might be "Proxy," but I'm not completely sure. We covered that in class, right?
FR
Freeman 12 months ago
This is a good test of our understanding of corporate governance. I'm pretty confident the answer is D. Proxy, but I'll double-check my work before submitting.
AN
Andra 12 months ago
I'm a little confused by the wording of the question. Let me re-read it a few times to make sure I'm not missing anything. Proxies seem relevant, but I want to be sure before selecting that option.
FI
Filiberto 12 months ago
Okay, I've got this. A proxy is when a shareholder authorizes someone else to vote on their behalf at a shareholder meeting. That's got to be the right answer here.
XE
Xenia 1 year ago
Hmm, I'm not totally sure what a "proxy" is in this context. I'll need to think through the definition and how it relates to the other options.
CH
Chau 1 year ago
This looks like a straightforward question about corporate governance. I'll start by carefully reading the question and options to make sure I understand the key terms and concepts.
EM
Emerson 1 year ago
Proxy, of course! It's the only option that makes sense. Although, I have to say, the other choices sound more like they belong in a horror movie script.
TA
Taryn 1 year ago
↳ replying to Emerson
Proxy is the clear answer, no doubt about it.
BU
Burma 1 year ago
↳ replying to Emerson
Yeah, the other options do sound a bit ominous.
CH
Chan 1 year ago
↳ replying to Emerson
Proxy is the obvious choice here. The other options do sound a bit strange.
FR
Francis 1 year ago
↳ replying to Emerson
I agree, proxy is definitely the right choice here.
EL
Eleonora 1 year ago
↳ replying to Emerson
Yeah, proxy is definitely the right answer. The other options are a bit confusing.
HE
Helga 1 year ago
↳ replying to Emerson
I agree, proxy is the correct choice. The other options do sound a bit ominous.
JA
Jamika 1 year ago
Hmm, this is a tricky one. I was leaning towards B) Triggering event, but now I'm not so sure. D) Proxy does seem like the most appropriate answer.
AL
Alishia 1 year ago
↳ replying to Jamika
Yes, I agree. D) Proxy is the right choice.
GE
Georgene 1 year ago
↳ replying to Jamika
I think D) Proxy is the correct answer.
SO
Sommer 1 year ago
Definitely D) Proxy. I remember learning about that in my finance class. It's a common way for shareholders to participate in meetings without being there in person.
CA
Caprice 1 year ago
I'm not sure, but I think a proxy is the right answer because it makes sense for someone to authorize another person to represent them.
LO
Louvenia 2 years ago
I think the answer is D) Proxy. That's the term I'm familiar with for a stockholder authorizing someone else to act on their behalf at a meeting.
DA
Daniel 1 year ago
↳ replying to Louvenia
It's important for stockholders to understand how proxies work in meetings.
MI
Michael 1 year ago
↳ replying to Louvenia
I've heard of proxies being used in corporate settings as well.
FR
Freeman 1 year ago
↳ replying to Louvenia
I agree, a proxy is commonly used in stockholder meetings for representation.
JU
Jules 1 year ago
↳ replying to Louvenia
Yes, you are correct. A proxy is indeed the device used for that purpose.
EM
Emelda 2 years ago
I agree with Alaine, a proxy is when someone acts on behalf of a stockholder at a meeting.
AL
Alaine 2 years ago
I think the answer is D) Proxy.
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