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) Cumulative voting allows the voter to add one vote for every share owned.
Correct Answer:
Verified
Correct Answer:
Verified
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