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Four Directors Will Be Elected and You Wish to Be

Question 46

Multiple Choice

Four directors will be elected and you wish to be one of them. With cumulative voting, what percentage of the shares (plus one) do you need to have on your side to guarantee you a seat?


A) 12.5%
B) 16.7%
C) 20.0%
D) 25.0%
E) 33.3%

Correct Answer:

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