Veritas, Inc. is planning its annual shareholder meeting on June 15. The company
A. need not send notices of the meeting to shareholders since it is the regularly scheduled, annual meeting, which Veritas always holds on the third Thursday of June.
B. must send notices to everyone who owns stock as of January 1.
C. must send notices to everyone who owns stock on the "record date," which can be no more than 70 days before the meeting.
D. is not required to have an annual shareholders meeting if the company is listed only on the NYSE.
Answer: C
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