Which of the following is correct?
A special resolution may be passed by 51% of the shareholders who are present voting in favor of the proposal either in person or by proxy.
A special resolution may be passed by 75% of the shareholders who are present voting in favor of the proposal either in person or by proxy.
A special resolution may only be passed by 75% of all the company's shareholders voting in favor of the proposal either in person or by proxy.
A special resolution may only be passed by all the company's shareholders voting in favor of the proposal either in person or by proxy.
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