Pooling agreements are: a. illegal as against public policy. b. the same as voting trusts. c. valid if filed with the corporation's secretary. d. none of the above

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Social Studies

Carl Wheeler

7 March, 00:15

Pooling agreements are: a. illegal as against public policy. b. the same as voting trusts. c. valid if filed with the corporation's secretary. d. none of the above

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Kelton · Answer 1

Pooling agreements are: a. illegal as against public policy. b. the same as voting trusts. c. valid if filed with the corporation's secretary. d. none of the above

none of the above

Explanation:

Voting agreement, shareholder control agreement or shareholder agreements are the other name given for the pooling agreements. An agreement that is signed by the shareholders of the corporate stock for voting their shares as a unit is known as pooling agreements. This will ultimately result in the creation of an agreement that exists between the shareholders and the trustee for whom the the voting rights are being transferred.

The entity who is owning the corporate stock will be having the voting rights and rights to transfer their shares to another party who is in need of the voting rights. This agreement plays a major role in the process of controlling the corporate issues.