You Want to Be on the Board of Directors of Uptown

Multiple Choice

You want to be on the board of directors of Uptown Communications. Since you are the only shareholder who will vote for you, you will need to own more than half of the outstanding shares of stock if you are to be elected to the board. What is the type of voting called that requires this level of stock ownership to be successfully elected?

A) Democratic
B) Cumulative
C) Straight
D) Deferred
E) Proxy