What must typically be transacted at an AGM?

The typical transactions at an Annual General Meeting (AGM) primarily include essential governance and operational matters that require shareholder input and decision-making. Among these, voting for directors is a crucial aspect, as shareholders elect the board members who will represent their interests and guide the company strategically. Additionally, presenting financial statements allows shareholders to review the company's performance and make informed decisions. The appointment or waiver of the auditor is also a key component, ensuring that shareholders have a say in the oversight of the company's financial reporting and compliance.

While other options may involve important corporate activities, they do not encompass the standard procedural items expected at an AGM. For instance, discussing marketing strategies or approving a budget is typically managed by the management team and may not require shareholder voting at the AGM. Similarly, approving mergers and acquisitions generally occurs at special meetings or through specific shareholder resolutions rather than being standard AGM agenda items. Thus, option C accurately captures the essential transactions that occur during an AGM, reflecting the corporate governance practices expected within this setting.