Multiple Choice
Which of the following statements is true with respect to cumulative voting?
A) Cumulative voting permits one votes for a single director.
B) Cumulative voting gives minority shareholders less chance of being represented on the board of directors.
C) If 6 directors are to be elected and you own 100 shares, you may vote all 600 votes for one director and none for the others.
D) none of the other answers are correct
Correct Answer:
Verified
Correct Answer:
Verified
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