A person authorized to vote on behalf of another person is a:, proxy, director, supplier, debtor, If a company is able to pay all its debts, it is:, bankrupt, solvent, insolvent, material, The minimum number of members needed for a valid meeting is a:, majority, motion, quorum, poll, To formally choose someone for a professional position is to:, remove, adjourn, convene, appoint, When everyone involved agrees and votes the same way, they vote:, materially, unanimously, solvently, urgently, A director who is also a full-time employee is an:, executive director, auditor, administrator, official receiver, To formally announce or state a dividend is to:, realize, declare, serve, raise, A decision made by a simple majority (over 50%) is an:, extraordinary meeting, special resolution, ordinary resolution, annual meeting.
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Exercise 3
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