SOFE Exam SOFA-CFE Topic 5 Question 108 Discussion

Actual exam question for SOFE's SOFA-CFE exam

Question #: 108
Topic #: 5

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

APreliminary statement

BTriggering event

CChange of servicer

DProxy

Show Suggested Answer

Suggested Answer: A

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

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Jamika

1 days 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.

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Sommer

2 days 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.

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Caprice

3 days 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.

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Louvenia

9 days 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.

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Emelda

9 days ago

I agree with Alaine, a proxy is when someone acts on behalf of a stockholder at a meeting.

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Alaine

11 days ago

I think the answer is D) Proxy.

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