All ▸ Bar 2024 ▸ COMMERCIAL AND TAXATION LAWS ▸ I. CORPORATION LAW (R.A. No. 11232, Revised Corporation Code) ▸ F. Stockholders and Members ▸ 2. Participation in Management, Voting Requirements

Question

F. Stockholders and Members: Participation in Management, Voting Requirements

Scenario:

Jacob and Rachel are shareholders of XYZ Corporation. The corporation is holding its annual general meeting where important matters will be decided through a voting process. However, Rachel is unable to attend the meeting due to a prior commitment. Jacob, on the other hand, attends the meeting and casts his vote in favor of a proposed resolution.

Question:

What are the possible options available to Rachel to participate in the voting process and exercise her rights as a shareholder?

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